IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MRS. JUSTICE K.HEMA WEDNESDAY, THE 26TH NOVEMBER 2008 / 5TH AGRAHAYANA 1930 Bail Appl..No. 7193 of 2008() ----------------------------- CRIME NO.877/08 OF KANNUR TOWN POLICE STATION PETITI0NER/ ACCUSED --------------------------------------- RAJEENDRAN.P, S/O.KUNJAPPA NAIR, AREENA APARTMENTS, KADAVANTHRA, COCHIN, ERNAKULAM DISTRICT. BY ADV. SRI.VIJU THOMAS RESPONDENT(S): RESPONDENT ------------------------- STATE REP.BY S.H.O, KANNUR TOWN POLICE STATION, KANNUR DISTRICT. PUBLIC PROSECUTOR SHRI.K.S.SIVAKUMAR THIS BAIL APPLICATION HAVING BEEN FINALLY HEARD ON 26/11/2008, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: K.HEMA, J. ----------------------------------------- B.A.No. 7193 of 2008 ----------------------------------------- Dated this the 26th November, 2008 O R D E R This petition is for bail. 2. This is the second application for bail. The alleged offences are under Sections 409, 420, 463 and 477A of the Indian Penal Code. According to prosecution, petitioner is the Managing Director of a Limited Company and he, along with two other accused, persuaded persons by fraudulent representation that if they take share in the company, they will be paid double the profit within a short span of time and though certain persons took shares, no amount was paid to them and thereby they were cheated. De facto complainant paid Rs.7,10,600/- towards share and only Rs.30,000/- was given as profit and thereafter, the money was not returned, nor profit was paid. 3. Learned counsel for petitioner submitted that was formally arrested on 1.11.2008 in this case while he was in remand in another case and he is in custody. 4. Learned Public Prosecutor submitted that he has no objection in granting bail, but stringent conditions may be imposed. It was pointed out that petitioner is involved in various other crimes of similar nature and many similar complaints are received against him. BA.7193/08 2 5. On hearing both sides, I find that bail can be granted to petitioner on conditions. Hence, bail is granted to petitioner on the following terms and conditions: i) Petitioner shall execute a bond for Rs.1,00,000/- with two solvent sureties each for the like sum to the satisfaction of the Magistrate Court concerned. ii) Petitioner shall report before the investigating officer on every Monday between 10 AM and 1 PM until further orders. iii). Petitioner shall surrender the passport, if any, before the Magistrate Court concerned, within seven days from the date of release. iv) Petitioner shall not leave Ernakulam District except with the prior permission of the learned Magistrate. v) Petitioner shall not tamper with evidence or influence the witnesses or intimidate them or commit any offence while on bail and in case of breach of this condition, the bail is liable to be cancelled. Petition is allowed. K.HEMA, JUDGE vgs.