A local court in Gurugram has refused to grant bail to Ramesh Sanka, former chief executive officer (CEO) of IREO Private Ltd, who was arrested in a case related to stealing of documents and criminal breach of trust.
Chief Judicial Magistrate of Gurugram Ramesh Chander recently rejected the bail petition of Sanka after observing that looking into the nature and gravity of offence, along with the severity of sentence for the alleged offence, this Court was not inclined to give the applicant/accused the concession of bail.
Taking note of the reply filed by the investigating officer, the court noted that probe in the present case qua applicant was still pending. Further, the homebuyers categorically mentioned the name of Sanka in their statement recorded under Section 161 Cr.PC by the police and specifically signed by homebuyers.
It said though the bail applications of co-accused Vivek and Sumit were allowed by the High Court, the same could not be allowed to Sanka as he did not bother to appear before the Court despite issuance of warrants of arrest.
The CJM further noted that Sanka only appeared before the Court when his anticipatory bail application was dismissed by the Supreme Court and when the present case was fixed for securing his presence by way of proclamation.
The court also apprehended the possibility of Sanka influencing the witnesses of this case and
tampering with the evidence, in case he was granted bail.
The former CEO of IREO Private Ltd was arrested on April 21 in a case related to stealing of documents and criminal breach of trust. Sanka was sent to police custody for seven days in FIR no 199/2022 registered under Sections 389, 418, 420 and 120-B of the Indian Penal Code against Gharsamadhan LLP started by him.
Haryana Police arrested Sanka, following the directions of a Gurugram court, which had issued directions in March to declare Sanka a proclaimed offender.
On March 6, Additional Chief Judicial Magistrate (ACJM) Manoj Kumar Rana at Gurugram Court had directed the police to declare Sanka as a proclaimed offender, after noting that in view of the contents mentioned in the application and the report on non-bailable warrants of the accused, the court was satisfied that the presence of Sanka could not be secured through the issuance of non-bailable warrants.
Earlier on March 17, the Supreme Court had denied anticipatory bail to Sanka. The Bench of Justice Ajay Rastogi and Justice Bela M. Trivedi had dismissed the anticipatory bail application on the grounds that it did not find any reason to interfere with the order passed by the Punjab and Haryana High Court.
The Apex Court, however, had said that if the petitioner surrendered within two weeks and applied for regular bail, the same may be considered expeditiously on its own merits in accordance with law.
The Punjab and Haryana High Court had rejected the anticipatory bail application of Sanka on February 24. The Single-Judge Bench of Justice Sandeep Moudgil had denied anticipatory bail to Sanka and another accused in the case, Sumit Kumar, on the grounds of ‘grave and serious’ nature of allegations, including cheating and extorting money in conspiracy with each other.
IREO had filed a case against Sanka and two others on charges of extorting money from homebuyers by promising a refund of their investment in the company’s project.
The FIR registered by IREO alleged that Sanka, in connivance with other accused, fraudulently misrepresented the records of the company to coerce its customers to execute agreements to make wrongful gains from them.
(Case title: Ramesh Sanka vs The State of Haryana)