Law:

Section:

(a) Criminal Procedure Code (V of 1898)--- ----S.497---Penal Code (XLV of 1860), Ss. 408, 420, 468, 471 & 34---Criminal breach of trust, cheating, forgery, using as genuine a forged document and common intention---Bail, refusal of--- Accused being Chief Financial Officer/co-signatory of the company was allegedly involved in embezzlement of huge amount of company---Accused moved bail application claiming fresh ground of his willingness and readiness to deposit half of the charged amount as security---Effect---Prosecution had conceded the proposal--- Contention of the accused regarding willingness to deposit half of charged amount in court did not make the offence to be automatically bailable---Such payment would not absolve the accused from the allegation levelled against him and neither was the same a fresh ground for being provided at bail stage---Matter being not a civil dispute was not amenable to the wishes of the contesting parties---Charge levelled against the accused was serious and offences were non-compoundable --- Accused was not entitled to the concession of bail---Bail was refused accordingly. (b) Criminal Procedure Code (V of 1898)--- ----S. 497--- Bail--- Fresh ground---Allegation of embezzlement of huge amount by official of company---Readiness of accused to deposit half charged amount---Effect---Such readiness would not absolve the accused from the allegation levelled against him and neither was a fresh ground for being provided with ordinary/discretionary relief at the bail stage. (c) Criminal Procedure Code (V of 1898)--- ----S. 497--- Bail--- Allegation of embezzlement of huge amount of company--- Prosecution conceding offer of the accused to deposit half the amount of embezzled money---Scope---Matter not being a civil dispute was not amenable to the wishes of the contesting parties---Accused was charged with the offences which were non-compoundable---Bail was refused. THIS ORDER PASSED BY: ADNAN-UL-KARIM MEMON, JUSTICE:---.--- The Applicant namely Iftikhar Gadar son of Abdul Razzaq Gadar is seeking post arrest bail in FIR No. 386/2016 registered for offences under Sections 408, 468, 471, 420 and 34, P.P.C. at Police Station Methadar,…

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