THE HONOURABLE SRI JUSTICE J. SREENIVAS RAO CRIMINAL PETITION No. 4744 of 2025

ORDER:

This Criminal Petition is filed under Section 483(2) of the Bharatiya Nagarik Suraksha Sanhita, 2023 (‘BNSS’) seeking cancellation of bail granted in favour of respondent No.2/accused No.1 in Crl.M.P.No.613 of 2025 in Crime No.416 of 2022 on the file of the X Additional Metropolitan Magistrate, Kukatpally.

2. The case of the prosecution in brief is that basing on the complaint lodged by the petitioner/de facto complainant, Crime No.416 of 2022 was registered for the offences under Sections 318(4), 316(5), 316(2) and 61(2) of the Bharatiya Nyaya Sanhita, 2023 (BNS) against respondent No.2 and others. The accusation made against respondent No.2 is that respondent No.2 colluding with other accused misappropriated the fund of the petitioner and transferred more than Rs.60 to 70 lakhs belonging to the petitioner Companies, namely NSP International, Frumar Agri Foods Private Limited and Tejas Food Industries LLP, to the accounts of the other accused persons. Respondent No.2 was arrested on 13.03.2025 and thereafter he filed Crl.M.P.No.613 of 2025 for grant of regular bail and the learned X Additional Met