Madras High CourtCRL OP/3769/2022dismissed

Savithiri v. State Rep By

2022-03-11Honourable Dr Justice G. Jayachandran2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

( Criminal Jurisdiction ) Friday, the Eleventh day of March Two Thousand Twenty Two PRESENT The Hon`ble Dr Justice G. JAYACHANDRAN CRIMINAL ORIGINAL PETITION No.3769 of 2022 SAVITHIRI [ PETITIONER / ACCUSED ] Vs STATE REP BY [ RESPONDENT ] THE INSPECTOR OF POLICE, DCB, PERAMBALUR, PERAMBALUR DISTRICT.

(CRIME NO.1 OF 2022) For Petitioner : M/S.G.S.MAGESH Advocate For Respondent : MR.S.SANTHOSH, Govt. Advocate (Crl. Side) PETITION FOR ANTICIPATORY BAIL Under Sec. 438 Cr.P.C. ORDER : The Court Made the following order :- Heard the Learned Counsel for the petitioner and the Learned Government Advocate (Crl.Side) for the respondent. Perused the petition and the counter.

2. It is a case of fraud by floating a Multi Level Marketing Company in which the petitioner herein is arrayed as 7th accused. According to the petitioner, she is also one of the investor in the SPARROW GLOBAL TRADING COMPANY and she is the victim of the crime and not an accomplice to the crime. However, the counter filed by the State based on the material collected in the course of investigation indicates that the petitioner herein is a commission agent has allude investors to deposit their money in the dubious multi level marketing company of the name SPARROW GLOBAL TRADING COMPANY. So far investigation discloses that about Rs.7,20,00,000/- has been cheated https://hcservices.ecourts.gov.in/hcservices/

and she has made the investors to invest their money for commission. The statement of witnesses indicates that this petitioner had conducted meeting and has given a rosy picture about the finance company and allude the investors to invest their money for preparative returns.

3. According to the counter filed by the Investigating Officer, this petitioner has made a vital role while establishing a criminal nexus with the SPARROW GLOBAL TRADING COMPANY and acted as a conduit between the investors and the Company. She has also confers about their role during the investigation and payment of protection money to various authorities alleging that the petitioner herein is keep on changing her place of residence and unable to trace her for investigation, hence oppose the grant of anticipatory bail.

4. Considering the gravity of the crime and the necessity for custodial interrogation of the petitioner to unraveled the trail of money collected, this Court is not inclined to grant anticipatory bail. Hence, this Criminal Original Petition is dismissed. -sd/- 11/03/2022 This order, on being produced, be punctually observed and carried into execution by all concerned TRUE COPY Sub-Assistant Registrar (Statistics/C.S.) High Court, Madras - 600 104.

TO 1 THE INSPECTOR OF POLICE, DCB, PERAMBALUR, PERAMBALUR DISTRICT.

2 THE PUBLIC PROSECUTOR HIGH COURT, MADRAS.

CC to G.S.MAGESH Advocate on payment of necessary charges CRL OP.3769/2022 Date :11/03/2022 JPA 22/03/2022 https://hcservices.ecourts.gov.in/hcservices/