Lolas Lakra v. the State of Jharkhand
Case brief
What is this about?
High Court of Jharkhand at Ranchi; Neutral Citation (2025:JHHC:26410); B.A No. 918 of 2025; order dated 01.09.2025 by Hon'ble Mr. Justice Ambuj Nath dismissing the bail application of Lolas Lakra (Branch Manager, Central Bank of India, Birsa Chowk Branch, Hinoo, Ranchi) against the State of Jharkhand. Petitioner is accused in CID P.S. Case No. 43 of 2024 under sections 318(4), 316(5), 338, 336(3), 340(1), 340(2), 61(2) and 111 (4) of the Bharatiya Nyaya Sanhita, 2023, pending before Additional Judicial Commissioner-XVIII-cum-Special Judge, CID, Ranchi, for alleged misappropriation of Rs. 9.00 crore of the Jharkhand State Electricity Employees Master Trust through a forged account in the name of Jharkhand Tourism Development Corporation Limited and issuance of a forged fixed deposit receipt; Rs. 47.00 lakh recovered from his home. Counsel: Indrajit Sinha and Rishu Ranjan for petitioner; P.C. Sinha (A.C to G.A-III) for the State. Outcome: bail prayer rejected on the nature of allegations.