Sri.Amitabha Biswal, v. The State Of Telangana

IN THE HIGH COURT FOR THE STATE OF TELANGANA AT

HYDERABAD THE HONOURABLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.501 of 2026 DATE: 22.01.2026 Between:

Sri Amitabha Biswal .... Petitioner/ Accused No.1 AND The State of Telangana, Through Public Prosecutor, High Court at Hyderabad, Telangana .... Respondent/ Complainant

O R D E R

This criminal petition is filed under Section 480 & 483 of Bharatiya Nagarik Suraksha Sanhita, 2023 (for short 'BNSS') by the petitioner/Accused No.1 seeking enlargement on bail in connection with Crime No.80 of 2025 of P.S. Central Crime Station, Hyderabad. The offences alleged against the petitioner are under Sections 316(4), 318(4), 336(3), 340(2) and 344 of BNS. 2.

The brief facts of the case are that, on 04.07.2025, the defacto complainant lodged a report with the police stating that petitioner, who was working as the HR Manager in DCS Limited,

- 2 - Bangalore, had committed serious financial irregularities. It was discovered during an internal audit of salary statements that the petitioner had fraudulently diverted company funds into his own accounts as well as into accounts belonging to individuals unconnected with the company. He allegedly misused the names of employees who had resigned in November 2022 by manipulating their bank account details and replacing them with his own and those of other known persons, thereby continuing to disburse salaries to those fraudulent accounts under the names of the ex‐employees. This manipulation is stated to have caused a financial loss to the company to the tune of Rs.80,00,000/‐. Based on this complaint, the police registered a case against the petitioner for the said offences.

3.

Heard Sri Gummalla Bhasker Reddy, learned counsel for the petitioner and Sri D. Arun Kumar, learned Additional Public Prosecutor appearing for the respondent-State. 4.

The contention of the learned counsel for the petitioner is that the petitioner is innocent of the allegations and further argued that the police at Hyderabad have no locus standi in the matter, since except for the branch office, no transaction has taken place in Hyderabad. He further submitted that the material part of the investigation has already been completed and, therefore, further

- 3 - detention of the petitioner is not necessary. Hence, prayed the Court to grant bail to the petitioner.

5.

On the other hand, the learned Additional Public Prosecutor opposed the submissions made by the learned counsel for the petitioner, contending that the allegations are grave in nature, involving serious financial crime and misappropriation of a huge amount. He further contended that the investigation is still in progress and if the petitioner is released on bail at this stage, there is a likelihood of tampering with evidence and threatening witnesses. Therefore, he prayed the Court to dismiss the criminal petition.

6.

In light of the submissions made by both the learned counsel and upon a perusal of the material available on record, it is noted that the petitioner has been in judicial custody since 25.11.2025. As per the remand case diary, prosecution witnesses L.Ws.1 to 10, including the investigating officer, have already been examined. Considering the overall facts, the stage of investigation, and the period of incarceration, this Court finds it appropriate to grant bail to the petitioner, subject to the following conditions: i.

The petitioner shall execute a personal bond for a sum of Rs.25,000/- (Rupees Twenty Five Thousand only), with two

- 4 - sureties for a like sum each to the satisfaction of the learned XII Additional Chief Metropolitan Magistrate, Hyderabad at Nampally.

ii.

The petitioner shall appear before the concerned SHO at 11:00 a.m., on every Monday and Friday for a period of eight (8) week or till filing of charge sheet whichever is earlier, for the purpose of investigation, and thereafter, as and when required.

iii.

The petitioner shall abide by the conditions stipulated in Section 437(3) of Cr.P.C.

(presently, Section 480(3) of the BNSS).

7.

Accordingly, the Criminal petition is allowed. Miscellaneous petitions, if any, pending shall stand closed. _______________ K. SUJANA, J Date: 22.01.2026 SS

- 5 - THE HON'BLE SMT. JUSTICE K. SUJANA CRIMINAL PETITION No.501 OF 2026 DATE : 22.01.2026 SS