The Orissa High Court on Monday rejected the bail application of Pravat Patnaik, one of the directors of the Oscar chit fund company. Patnaik was arrested by the Crime Branch police from Ganjam in June. last month, the special court here dealing exclusively on chit fund cases had also rejected his bail application.
In another development, hearing on the bail application of arrested IPS officer Joydeep Nayak remained inconclusive in another Bench of the High Court. The Tripura-cadre officer was arrested by the Odisha Vigilance police on a graft case. Sources said the High Court seeking case diaries from the Vigilance Directorate has fixed Nayak’s petition to be taken up again on Tuesday.
Similarly, the High Court also on the day granted anticipatory bail to one Tiku Mishra, a BJD worker of Baragarh district. Anticipating his arrest in the June 24 attack on Union Ministers, Mishra had approached the court seeking advance bail. The HC ordered that in the event of his arrest, he shall be released on bail by furnishing bail bond of Rs50,000 with two sureties.