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Madras High CourtCRL OP/789/2023dismissed

M.Karthikeyan v. The State Rep By Its,

2023-02-09Honourable Mrs Justice T.V.Thamilselvi3 pages

T.V.THAMILSELVI,J.

The petitioner, who apprehends arrest for the alleged offences punishable under Sections 406 and 420 of I.P.C 1860 in Crime No.158 of 2022, on the file of the respondent police, seeks anticipatory bail.

2. The case of the prosecution is that the petitioner is working as a branch Manager of Radhakrishnan Finance Private limited and he along with other accused entered into a criminal conspiracy and thereby cheated the company's jewels and money to the tune of Rs. 9,03,983/-. Hence the complaint.

3.The learned counsel for the petitioner would submit that the petitioner has not committed any offences as alleged by the prosecution and the main accused in this case is A2. However, he has paid a sum of Rs.1,50,000/- to the company and the same has been acknowledged by the

Regional Manager of the said company. Hence prays for grant of anticipatory bail to the petitioner.

4.The learned Government Advocate (Crl.Side) would submit that the petitioner is holding a responsible post in company of handling accounts and thereby he misused his position and cheated the companies funds and gold jewels to the tune of Rs. 9,03,983/-. Hence he vehemently opposed for grant of anticipatory bail to the petitioner.

5. Considering the facts and circumstances of the case and the nature of offence committed by the petitioner, this Court is not inclined to grant anticipatory bail to the petitioner.

6. Accordingly, the Criminal Original Petition is dismissed. 09.02.2023 smn

T.V.THAMILSELVI, J.

smn 09.02.2023