Akula Venkatesham v. The State Of Telangana,

THE HONOURABLE SRI JUSTICE RAJA ELANGO CRIMINAL PETITION No.4981 OF 2016 ORDER:

This petition is filed by the petitioner-accused under Section 482 Cr.P.C. seeking to quash the proceedings against him in Crime No.56 of 2016 on the file of Siddipet I Town Police Station, Medak District, registered for the offence punishable under Sections 420 and 506 IPC.

Heard and perused the material available on record. It is alleged that the de facto complainant borrowed Rs.8 lakhs from the petitioner agreeing to repay the same with interest at Rs.3/- per hundred. As guarantee, the de facto complainant executed a registered sale deed in favour of the petitioner. It is agreed that after discharge of the loan amount, the petitioner will re-register the plot in the name of the de facto complainant. Subsequently, the de facto complainant borrowed some amounts and executed registered sale deeds in respect of his land. The de facto complainant paid the excess amount than he borrowed. When he requested the petitioner to re-transfer his land in his name, the petitioner threatened him.

Learned Counsel for the petitioner submitted that the present complaint has arisen out of money transaction and therefore, the proceedings against the petitioner can be quashed. Considering the facts and circumstances of the case and the allegations made against the petitioner, this Court is not inclined to grant the relief sought by the petitioner. However, the 1st respondentpolice are directed to complete the investigation and file a final report, if any, without arresting the petitioner. In the event of necessity, the 1st respondent-police are directed to issue a notice to the petitioner to appear before the investigating agency for the purpose of investigation.

his future appearance as and when required for the purpose of investigation.

Accordingly, the Criminal Petition is disposed of. Consequently, miscellaneous petitions pending, if any, shall stand closed. ______________________ JUSTICE RAJA ELANGO Date : 11.4.2016 Nn HONOURABLE SRI JUSTICE RAJA ELANGO

CRIMINAL PETITION No.4981 OF 2016 DATED 11.4.2016 Nn