1. The applicant is involved in offences under section 408/468/471/ 477-A, P.P.C. And section 14 of the Islamic Hudood Ordinance, 1979, for allegedly being a party to misappropriation of the sum of about Rs.2 lacs. The offence was allegedly committed in 1979 and the F.I.R. Was lodged in 1981. The case was investigated but no action was taken as police was of the view that the complaint was false. However, the above investigation has been re-opened recently by the Crimes Branch. The present applicant was admitted to bail by the IVth Additional Sessions Judge, by his order, dated 10-5-1984 in the sum of Rs.25,000. However, when the matter came up for confirmation of the bail the bail amount was increased to Rs.2 lacs on the ground that the amount involved is Rs.1,90,000.
2. The learned Additional Advocate-General in view of the above background of the facts submits that the bail amount as fixed by the learned Additional Sessions Judge, appears to be excessive. I am inclined to agree with him. I would, therefore, reduce the bail amount to Rs.50,000 with one surety and P.R. In the like amount. The above application is, therefore, allowed to the above extent.