ORDER :

Prayer: Criminal Original Petitions filed under Section 439 of Cr.P.C., pleased to enlarge the petitioner on bail in connection with a case in Crime No. 3 of 2019 pending investigation on the file of the respondent police.

1. The second accused in Crime No. 3 of 2019 registered by the respondent police under Sections 406, 420 of IPC and Section 5 of TNPID Act, 1997 and Sections 3, 5 read with Section 21 of the Banning of Unregulated Deposit Scheme Act, 2019, who was remanded to custody on 26.02.2021 seeks bail.

2. The learned Senior Counsel appearing on behalf of the petitioner raised a ground for grant of bail which incidentally had not been mentioned in the Petition.

3. The entire disputes surrounds the order dated 06.06.2023 passed by the Special Judge, Special Court for TNPID Act Cases, Coimbatore. Before examining that particular order, it would only be appropriate that a few background facts are stated.

4. On a complaint received, the respondent had registered FIR in Cr.No. 3 of 2019 under Sections 406, 420 of IPC and Section 5 of the TNPID Act and Sections 3, 5 read with 21 of BUDS Act against Universal Trading Solution Private Limited at Coimbatore and against four other