CUTTACK, India, April 18 -- Orissa High Court issued the following order on March 17:
1. 1. This is an application U/S.483 of BNSS by the petitioner for grant of bail in connection with EOW-CID, CB PS Case No.17 of 2021 corresponding to CT Case No.35 of 2023 for commission of offences punishable under Sections 406/420/467/468/471/120-B of the IPC pending in the file of learned PO Designated Court under OPID Act, Cuttack.
2. The allegation against the petitioner in precise is that the petitioner was the Managing Director of Sambandh Finserve Private Limited (hereinafter referred to as "SFPL"), a non-banking financial company having its corporate office at civil township, Rourkela and it had the permission of R.B.I. to carryout business of...