ORDER :

P.V. KUNHIKRISHNAN, J.

These Bail Applications are filed under Section 483 of Bharatiya Nagarik Suraksha Sanhita ( BNSS ). These Bail Applications are connected and therefore, I am disposing of these cases by a common order.

2. Petitioner in these cases are one and the same. The above cases are registered under Sections 316(2), 318(4) r/w 3(5) of the Bharatiya Nyaya Sanhita ( BNS ), 2023 and also under Section 420 of the Indian Penal Code .

3. The prosecution case in all these cases is that, the petitioner who have 50% share in the ' Nice Sleep Company' which owns a chain of hostel for men and women, invited the defacto complainants in these cases for investment. The defacto complainants invested huge amount in the company. Thereafter, from 23.10.2024 onwards, the 1 ^st accused informed the investors that the company is suffering a loss and the invested amount will be returned after 1.5 years after settling the profit and loss. Thereafter, 1st accused executed a Power of attorney in favour of the 2 ^nd accused misrepresenting that the authority to run the company is with the 2 ^nd accused. It is alleged that the accused persons misappropriated the money recei