THE HONOURABLE SRI JUSTICE J. SREENIVAS RAO CRIMINAL PETITION No. 2530 of 2025

ORDER:

This Criminal Petition has been filed under Sections 480 and 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS) by the petitioner seeking bail in ECIR/HYZO/42/2022 on the file of the Directorate of Enforcement, Hyderabad.

2. The instant case originates from Crime No.158 of 2022 registered on 01.08.2022 at the Central Crime Station Police Station, Hyderabad, against M/s. Sahiti Infratech Venture India Private Limited, its Managing Director i.e., the petitioner herein, and others, for the offences under Sections 406 and 420 of the Indian Penal Code, 1960 (hereinafter referred to, as ‘IPC’). The said crime was instituted basing on a complaint lodged by Mr. M. Yashwanth Kumar, who purported to be a home buyer. Subsequent to the registration of crime, the provisions of Section 120-B of the IPC and Section 3 and 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999 (hereinafter referred to, as ‘TPDFE Act’) were incorporated into the case. The petitioner made as accused No.1 in the aforementioned crime.

3. Heard Sri D.V Seetharam Murthy, learned Senior Counsel representi