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ASIF KUDIA versus STATE


Section 497 Criminal Procedure (XLV of 1860), Section 409/420/109/34/477 Criminal breach of trust by banker, merchant or agent, fraudulent and dishonest property transfer, attachment, joint intention, accounts Fraudulent bail, allegations against the grant suspect [alleged director of the Securities Operating Company) were allegedly unlawful and unlawful association with the co-accused and various banks, Promises shares of several clients, including the complainant, for the company receiving the financing, and as a result of the default imposed by the company. In JJ, the banks sold the mortgaged shares, which caused great damage to the complainant and other company clients, and the defendant's sentence was that he remained in the custody of the Federal Investigation Agency. The (FIA) stayed for about 11 days, but did not receive any material from the investigating officer that could link the accused to the alleged crime. That none of the witnesses whose statements were listed under Section 161, CRPC, charged in all cases the personal interference of the accused. That the investigating officer had confiscated all records from the company's office, but no document that could link the accused to the crime remotely. That the accused did not sign or execute any document in connection with the underlying transaction. Since the accused held only 0 0 2 2% stake in the company, and in such facts and circumstances the accused was given bail, so after the principle of consistency, the accused could also be admitted into bail. And the circumstances, the co-accused had already been granted bail, therefore, not opposed to the existing bail application

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