Case Law Details
Ashish Shah Vs State of Chhattisgarh (Chhattisgarh High Court)
FULL TEXT OF THE JUDGMENT/ORDER OF CHHATTISGARH HIGH COURT
1. The applicant has preferred this bail application for grant of anticipatory bail as he apprehends his arrest in connection with Crime No.258/2021, registered at Police Station City Kotwali District Raipur for offences punishable under Sections 409, 420, 467, 468, 471 and 120-B of the IPC.
2. Case of the prosecution is that the applicant is a Chartered Accountant and Company Secretary engaged in the profession of teaching students who aspire to become Chartered Accountant. The complainant is the Managing Director of a Coaching Institute for CA and CS titled as J.K. Shah Education Private Limited. The said company opened a Branch for imparting coaching for CA and CS at Raipur in the year 2019. Mr. Abhinandan Bafna was appointed as the Branch In-charge at Raipur, who was responsible for managing the affairs of the said Institute like admission, fee collection etc. Allegation against the present applicant is that several students opted for coaching in the complainant’s Institute for which the fee collection was done by said Abhinandan Bafna. The company raised a doubt in the accounts in the month of November, 2020 and sought for collection report and other details of the account from said Abhinandan Bafna. The said Abhinandan Bafna replied vide his e-mail dated 12.12.2020 stating that a sum of Rs.1,11,93,911/- has been received from the students through various modes, which was doubted by the Company. It is alleged that many students have directly deposited the fee in the personal account of said Abhinandan Bafna and thereby it is further alleged that the said Abhinandan Bafna committed financial irregularities and also prepared various forged bills for merchants’ payment and embezzled huge amount of money by getting the same deposited in his personal account and forged receipts in the name of Company were issued. Alleging aforesaid irregularities, the Managing Director of the company namely, Mr. Jitendra Shah (complainant) lodged an FIR against the said Abhinandan Bafna.
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