HIGH COURT FOR THE STATE OF TELANGANA
M/s Bhavya Cements Limited – Appellant
Versus
The State of Telangana – Respondent
ORDER :
1. The present Criminal Revision Case is filed under Section 397 and 401 Cr.P.C. aggrieved by the order, dated 28.05.2019 passed in Crl.M.P.No.2501 of 2019 in C.C.No.6051 of 2019 on the file of the XII Additional Chief Metropolitan Magistrate, Hyderabad, wherein an application filed under Section 451 Cr.P.C. seeking to return of the cash of RS.70.00 lakhs to the petitioner company, was dismissed.
2. The case of the prosecution is that on 01.12.2018, accused No.3, who is one of the Directors of the petitioner firm and looking after the day-to-day affairs of the petitioner firm, requested accused No.1 to keep the amount of Rs.70.00 lakhs with him till Monday for safe custody as the payment received from some of the debtors could not be deposited in the bank as 02.12.2018 happened to be Sunday and banks are closed. Thereafter, accused No.1 kept the money in the car of the petitioner firm and on 02.12.2018 while he was going to office to clear some pending work at about 11.00 a.m. at P.G.Road, Secunderabad, the police stopped the car and seized the amount from the Car. Basing on the seizure, a case in Crime No.20 of 2019 has been registered. After completion of investigation, the
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