S. Somasundaram v. The Sub Inspector Of Police

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT ( Criminal Jurisdiction ) Tuesday, the Twenty First day of March Two Thousand Seventeen PRESENT The Hon`ble Dr.Justice G.JAYACHANDRAN CRL OP(MD) Nos.259 & 260 of 2017 S. SOMASUNDARAM ... PETITIONER / DE-FACTO COMPLAINT

IN THE CASE IM CRIME NO.02/2016

IN BOTH PETITIONS Vs 1 THE STATE REP.BY, THE SUB INSPECTOR OF POLICE ECONOMIC OFFENCES WING -II, VIRUDUNAGAR , VIRUDHUNAGAR DISTRICT, CR NO. 02/2016.

...RESPONDENT NO.1/RESPONDENT IN BOTH PETITIONS 2 VIJAYALAKSHMI 3 V.UMAMAHESWARI ... RESPONDENTS 2&3 / PETITIONERS IN CRL.OP(MD)NO.259 of 2017 4 K.JOTHIMANI ... RESPONDENTS 2 /PETITIONERS/ACCUSED 3 IN CRL.OP(MD)NO.260 of 2017 For Petitioner : M/S.G.MARIMUTHU Advocate IN BOTH PETITIONS For Respondent 1: MR.K.V.RAJARAJAN Govt. Advocate ( Crl. Side) IN BOTH PETITIONS For Respondent 2: MR.D.FARJANA GHOUTHIKS Advocate IN BOTH PETITIONS PETITION FOR CANCELLATION BAIL Under Sec. 439 Cr.P.C. ORDER : The Court Made the following order :- The petition for cancellation of bail granted to the respondents/A6, A8 and A3 respectively.

2.The Special Court constituted for Tamil Nadu Protection of Interest of Depositors Act 1997, has granted bail to these respondents/Accused on condition to deposit Rs.2 lakhs. All these three respondents are women and they were made partners to the Finance Company, which has defrauded the depositors. https://hcservices.ecourts.gov.in/hcservices/ 3.The learned Government Advocate (criminal side) submits that these petitioners are strictly complying the condition and

cooperating for the investigation. There are nearly 33 complainants against the Finance Company, wherein total amount deposited is Rs.1,06,14,000/-. However, no money so far is recovered. Since, there is no violation of bail condition, this Court is not inclined to entertain the cancellation of bail petitions. However, it is necessary to instruct the respondent police to expedite the investigation and file final report as early as possible, so that the depositors are not defrauded by screening or alienating the assets available with the accused.

4.With this direction, these petitions are dismissed. sd/- 21/03/2017 / TRUE COPY / Sub-Assistant Registrar (C.S.) Madurai Bench of Madras High Court, Madurai - 625 023.

TO 1 THE SPECIAL COURT FOR TAMILNADU PROTECTION OF INTEREST OF DEPOSITORS ( IN FINANACIAL ESTABLISHMENTS ), MADURAI. 2 THE SUB INSPECTOR OF POLICE ECONOMIC OFFENCES WING -II, VIRUDUNAGAR , VIRUDHUNAGAR DISTRICT.

THE ADDITIONAL PUBLIC PROSECUTOR MADRAS HIGH COURT OF MADURAI BENCH, MADURAI.

+5. CC to M/S.G.MARIMUTHU Advocate SR.Nos.16298,16297,16237&16238

ORDER

IN CRL OP(MD) No.259 & 260 of 2017 Date :21/03/2017 MKV-SV-MMS-SAR 3/22.3.2017/2P-9C https://hcservices.ecourts.gov.in/hcservices/