The petitioner is seeking for grant of anticipatory bail on the ground that he is being implicated under sections 8(1) and 9(1) of the Foreign Exchange Regulation Act, 1973, hereinafter called as 'FERA' in short

2. It is stated in the petition that he is a Director in a Company M/s. Super Duper T.V. Private Limited. This Company is doing business in making the features and short films for being telecast in the satellite channel. The features and films are done in Madras and given to satellite channel in Madras. The petitioner has been summoned under Section 40 of the FERA in an on going investigation and as a follow-up action. It was considered necessary by the respondent and summons were issued on 9-7-1996 for appearance on 15-7-1996, for which he sought three weeks adjournment. The respondent has issued fresh summons on 15-7-1996 for his appearance on 18-7-1996. The petitioner again took adjournment by his letter dated 17-7-1996. Further summons was issued for his appearance on 22-7-1996. Again, the petitioner sought adjournment. On 22-7-1996, a fresh summons for his appearance on 30-7-1996, was issued with a covering letter stating that no adjournment would be given.