CHANDIGARH, May 14: The bail application of Dr Minna Singh, wife of Balwan Singh and a co-accused in the case pertaining to misappropriation of Rs 27 crore in the name of Shivalik Housing Society, was dismissed here by UT Judicial Magistrate (Ist Class) Tejwinder Singh.Notice on the bail application was issued to the prosecution which in its reply contested the bail on grounds that the offence was of a very serious nature. They stated that during the course of investigation, it had been found that Dr Minna withdrew Rs 54 lakh from the account of the society in connivance with other accused in the case.
They added that the nature of offence was serious and the offence under Section 467 IPC is punishable with imprisonment of 10 years along with fine.
Dr. Minna Singh was booked and cases registered under sections 406, 467, 420, 467, 468, 471, 120-B IPC. The counsel for the accused asked for bail on grounds that she was unwell and if she was not granted bail, the ailment could prove fatal.Next date for hearing in the case is May 28.
Forgery accused denied bail
UT Judicial Magistrate (Ist Class) A.K. Bishnoi today dismissed the bail plea of one Balwant Singh, accused of conniving with two others to cheat a city resident to the tune of Rs 1.75 lakh.
The accused was booked under Sections 419, 420, 467, 468, 471, 120-B IPC. Complainant Ashwani Kumar alleged that one Mohan Sharma met him with regard to selling of a plot allotted to him by Cooperative Housing Building Society.
The complainant stated a deal of Rs 1.75 lakh was struck after he was showed the allotment and possession letters. He added that for the consideration of total price, Sharma executed a general power of attorney in his favour and the same was got registered on May 24, 1996.
At the time of execution of the general power of attorney, Sharma handed over the original possession certificate and the allotment letter to him. These were signed by two witnesses, one being Balwant Singh. The complainant alleged that later he came to know that Mohan Sharma never had the possession of any such plot. The Magistrate declined bail on grounds that the offence under Section 467 IPC is of a serious nature and is punishable with imprisonment of 10 years along with fine.
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