Byri Chandra Sekhar v. The State Of Telangana

THE HON'BLE SRI JUSTICE K.SURENDER CRIMINAL PETITION No.8111 of 2023 ORDER:

1.

This Criminal Petition is filed under Section 438 of Cr.P.C. by the petitioner/Accused No.1 seeking bail in the event of his arrest in connection with Crime No.713 of 2023 on the file of S.R.Nagar Police Station, Hyderabad, registered for the offences punishable under Sections 364-A, 342 and 323 r/w. 34 of Indian Penal Code.

2.

Heard learned counsel for the petitioner and learned Assistant Public Prosecutor for the respondent-State and perused the record.

3.

The complaint was lodged on 20.08.2023 stating that this petitioner and the de-facto complainant were friends. They had started 'Rynchops' Company in which both of them invested. For investment of this petitioner of Rs.50 lakhs, an amount of Rs.1.5 crores was given. However, the petitioner incurred losses in the real estate business. On 19.08.2023, the petitioner invited de-facto complainant to meet him for the reason of US client visiting them. Accordingly, the petitioner and the de-facto complainant met near Inorbit Mall, Gachibowli. From there, they boarded a car and at Chilkur cross roads, four other

persons boarded the car who threatened the de-facto complaint to give an amount Rs.6 crores to this petitioner, failing which he would be killed. It is further alleged that the de-facto complainant was beaten up in the car. When the Police stopped the car at Maddur check post in Karnataka State, the de-facto complainant got down from the car and complained to the Police that he was forcibly taken. Thereafter, he returned to Hyderabad and lodged a complaint on the next day i.e., on 20.08.2023 4.

As seen from the allegations, both the petitioner and the de-facto complainant are business partners. There appears to be money disputes between them. In the said circumstances, this Court deems it appropriate to grant the relief of anticipatory bail to the petitioner, subject to the following conditions:

1) The petitioner/A-1 is directed to surrender before the Station House Officer, S.R.Nagar Police Station, Hyderabad, on 02.09.2023. On such surrender, the said Station House Officer shall release the petitioner on bail, on his executing personal bond for a sum of Rs.1,00,000/- (Rupees One lakh only) with two sureties for a like sum each to his satisfaction.

2) On such release, petitioner/A-1 shall appear before the concerned Station House Officer at 10.00 A.M

everyday till 30.09.2023 for the purpose of investigation and thereafter, as and when required.

3) The petitioner/A-1 shall abide by the other conditions stipulated in Section 438(2) of Cr.P.C and shall co-operate with the Investigating Officer in investigating the case.

5.

Accordingly, this Criminal Petition is allowed.

Miscellaneous applications, if any pending in this criminal petition, shall stand closed.

__________________ K.SURENDER, J Date : 31.08.2022 dv

THE HON'BLE SRI JUSTICE K.SURENDER CRIMINAL PETITION No.8111 of 2023 Dt.30.08.2023 dv