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3. The FIR was registered on 21.07.2003 and final report has been filed on 24.10.2005. NBW was issued on 14.02.2005 in the meantime. The learned Magistrate has taken cognizance of the case on 25.10.2005. The respondent was evading arrest and has absconded to USA. He was not available during investigation. Learned Additional Chief Metropolitan Magistrate issued an open ended non-bailable warrant of his arrest and a Red Corner Notice (RCN) has been issued against him through INTERPOL for locating him. His examination was felt necessary in this case as only he alone is aware of the end use of the funds. Application for issuance of process under Section 82 and 83 Cr.P.C was also filed and it was allowed. On 12.02.2006 the petitioner was arrested and was produced before the learned Chief Metropolitan Magistrate, New Delhi with a prayer for transit remand to produce him before the jurisdictional Magistrate at Chennai. On 14.02.2006 the petitioner was produced before the learned Magistrate at Chennai and on the request of the petitioner/CBI, police custody was entrusted with them upto 27.02.2006 and subsequently was remanded to judicial custody. A bail application has been filed on 02.05.2006 under Section 167(2) Cr.P.C on expiry of 60 days, since investigation has not been completed. On 30.05.2006 the prayer of the petitioner was declined and on revision before the Court of Sessions, it was allowed on 25.08.2006. Aggrieved against the orders passed, the present revision has been filed.