Shri. A.Manthiramoorthy v. The State Of Tamilnadu

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT Dated : 30/04/2026

CORAM

THE HONOURABLE MR. JUSTICE P. DHANABAL Shri.A.Manthiramoorthy ... Petitioner/Sole Accused Vs The Directorate of Enforcement, Represented by, Shri.Raj Kumar Singh, Assistant Director, Chennai Zonal Office II, No.16, Greams Road, BSNL Building , Tower-II, 3rd Floor, Thousand Lights West, Thousand Lights, Chennai-600 006.

... Respondent/Complainant PRAYER :- To enlarge the petitioner /Accused on Bail in ECIR No.ECIR/MDSZO/21/2020 dated 26.10.2020, pending investigation on the file of the Directorate of Enforcement. For Petitioner : Mr.T.Lajapathi Roy, Senior Counsel for Aayiramk.Selvakumar, Advocate.

For Respondent : S.G.L.Rishwanth, ( Spl. Public Prosecutor for Directorate 1/5

of Enforcement Cases) ORDER : The Court made the following order :- The petitioner / Accused, who was arrested and remanded to judicial custody on 13.03.2026 for the offences punishable under Sections 417, 418 and 420 of IPC, which are scheduled offences under Section 2(1) (y) of the Prevention of Money Laundering Act, 2002(PMLA), in ECIR No.ECIR/MDSZO/21/2020 on the file of the respondent, seeks bail.

2. The case of the prosecution is that the petitioner, along with others, induced various persons across the country on the pretext of arranging business loans and collected substantial amounts in the name of commission, processing fees and other charges but failed to disburse the loan and did not refund the amount of Rs.24,27,00,000/-. Hence, the case.

3. The learned counsel appearing for the petitioner would submit that the petitioner is innocent and he was falsely implicated in this case and he has not committed any offence as alleged by the prosecution. He 2/5

would further submit that the petitioner has been arrested and remanded to judicial custody on 13.03.2026. Therefore, prayed to grant bail for the petitioner.

4. The learned Special Public Prosecutor appearing for the respondent would submit that the petitioner, along with others, induced various persons across the country on the pretext of arranging business loans and collected substantial amounts in the name of commission, processing fees and other charges but failed to disburse the loan and did not refund the amount of Rs.24,27,00,000/- and the quantity of amount involved in this case is huge amount and the investigation is still pending. Hence, he strongly opposed to grant bail to the petitioner. 5 This Court heard both sides and perused the materials available on record.

6. Considering the rival submissions made by the learned counsel on either side, nature of offence, and huge quantity of money is involved in this case and the investigation is still pending, I am declined to grant 3/5

bail to the petitioner at this stage.

7.Accordingly, this Criminal Original Petition stands dismissed. (P D B J) 30.04.2026 dss To 1.The Directorate of Enforcement, Represented by, Shri.Raj Kumar Singh, Assistant Director, Chennai Zonal Office II, No.16, Greams Road, BSNL Building , Tower-II, 3rd Floor, Thousand Lights West, Thousand Lights, Chennai-600 006.

2. The Additional Public Prosecutor, Madurai Bench of Madras High Court, Madurai.

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P. DHANABAL,J DSS

ORDER

IN CRL OP(MD) No.8009 of 2026 Date : 30/04/2026 5/5