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IN THE HIGH COURT OF KERALA AT ERNAKULAM
Kauser Edappagath, J
Rahul Chakrapani – Appellant
Versus
State Of Kerala – Respondent
| Table of Content |
|---|
| 1. nature of the charge and context of the bail application. (Para 1 , 2 , 3) |
| 2. summary of submissions by the prosecution and defense counsel. (Para 4 , 5) |
| 3. court's determination on bail regarding investigation completion and custody requirements. (Para 6) |
ORDER
This application is filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short, BNSS), seeking regular bail.
2. The applicant is the accused No.1 in Crime No.399/2026 of Kannur Town Police Station, Kannur District. The offence alleged is punishable under Section 420 r/w Section 34 of the Indian Penal Code, 1860 (for short, IPC).
3. The prosecution case, in short, is that the applicant acting as the Managing Director of “The Malabar Multi- State Agro Co-operative Society Limited,” induced the defacto complainant to deposit funds by promising high interest rates and claiming to possess valid government licenses. It is further alleged that between July 3, 2021, and October 22, 2023, the applicant collected Rs.19,74,000/- and failed to return the principal or the interest and thereby committed the above offence.
4. I have heard Sri.G. Hariharan, the learned counsel for the applicant and Sri.
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