B. VIJAYSEN REDDY
D. Srinivas Rao – Appellant
Versus
State of Telangana State – Respondent
ORDER :
(B. Vijaysen Reddy, J.)
I.A. No. 2 of 2021 in CRLP. No. 3963 of 2021
&
1. The implead petitions are not opposed. Hence ordered.
CRLP Nos. 3963 and 4007 of 2021:
These two petitions are filed, under Section 438 of the Criminal Procedure Code, seeking grant of anticipatory bail to the petitioners, who are A1 and A2 respectively in Cr. No. 310 of 2021 on the file of the Station House Officer, Ramachandrapuram Police Station, BHEL, Cyberabad, registered for the offences under Sections 406, 420 of the Indian Penal Code and Section 5 of the Telangana State Protection of Depositors of Financial Establishments Act, 1999 (for short 'the Depositors Act').
2. A report was lodged by the defacto complainant- respondent No. 2 stating that he had been working in BHEL for seven years. Mr. D. Srinivas Rao (A1), the President of the Vivekananda BHEL Employees Mutually Aided Co-operative Housing Building Society Limited (Society) and the executive body started the said society vide registration No. CSRDDCO/2017/2550. They released brochure on 11.09.2018 stating that they propose to develop house plots (admeasuring 200 sq. yards) wherein they promised to construct houses in plots of 200 sq. yards at
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