J} IN THE HIGH COURT OF ANDHRA PRADESH AT WEDNESDAY ,THE TWENTY SECOND DAY OF JANUAR TWOTHOUSANDANDTWENTY FIVE z# :PRESENT: THE HONOURABLE SRI JUSTICE K SREENIVASA REDDY f# CRIMINALPETITIONNO:96OF2025 j£ Between : Singamsetty veeraiah, s/o.Butchaiah, Age 62 years, Occ: BusI-ness, R/o. Door No.1-3-90, 3rd Line, GuJ-janagundla, Guntur, Guntur District. Petitioner/Accused No.4 < The State ofAndhra Pradesh, Rep. by its public prosecutor, High Court of Andhra Pradesh at Amaravathi. AND Respondent i,./ Petition under section 482 of BNSS/ 438 of Cr.P.C is filed praying that in the circumstances stated I'n the affldavl't filed in support of the criminal Petition, the High Court may be pleased to release the petitioner/accused No. 4, on bail in the event of his arrest in crime No. 67 of 2022, on the file of CID Police Station, A.P. Amaravathi, Mangalagiri, Guntur District. The petition/Appeal coming on for hearing, upon perusing the petition and the grounds filed in support thereof and upon hearing the arguments of Sri K NARSI REDDY Advocate for the petitioner, PUBLIC PROSECUTOR (AP) for the Respondent and the court made the following, . jr I,,. E APHCO100O3622025 lN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Specl-al Original JurI-SdiCtiOn) [3327] WEDNESDAY, THE TWENTY SECOND DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K SREENIVASA REDDY CRIMINAL PETITION NO: 96/2025 Between: Singamsetty Veeraiah The State Of Andhra Pradesh ...PETITIONER/ACCUSED AND .URESPONDENT/COMPLAINANT Counsel for the petitioner/accused: 1.K NARSI REDDY Counsel for the Respondent/complainant.I 1.PUBLIC PROSECUTOR The Court made the following ORDER: This Criminal PetI'tI-On has been fI'led by the petitl-oner/A4, seeking anticipatory bail, in connectI'On With Crime No.67 of 2022 of CID Police Station, A.P. Amaravati, Mangalagiri, Guntur district. 2. A case has been registered against the petitioner herein and others for the offences punishable under sections 420, 406, St--Q='Jr .--firfr> 2 + 409, 467, 471 read with 120-B IPC and Section 13(2) of the Prevention of Corruption Act, 1988. 3. Brief facts of the case are that, the Assistant General Manager, State Bank of lndI'a, Guntur main branch filed a report on 08.12.2O22 before the Additional Dl'rector General of police, CID, Mangalagiri alleging that Al to A5 played fraud and cheated the bank to a tune of Rs.2.62 Crores by availing financial facility for working capital, cash credit for its business Purposes and also cash credit limit sanctioned by RAMSECC and SARC, Guntur which was processed by the Guntur main branch and sanctioned by the zonal credit committee-ll on 19.07.2011 and further extended the credit II'mitS uP tO 15.04.2013. After availing the said cash and credit facl'lI-ties, Al to A5 diverted the amounts with an intention to cheat the bank and stopped the business activity. 4. On a perusal of the material on record goesto showthat the alleged incident had taken place in the year 2011. Even as per the contents of the FIR, the accusation against the accused is that there are procedural lapses I-n forwarding the loan applications to the authorities concerned. No specific act has ~-fa-i,r| 3 grJ been attributed against A4. Because of the procedural lapses, the department has initiated disciplinary actI'On against the officials and suitable punishment was also given to them for their procedural lapses. Though the alleged incident is said to have taken place in the year 2011, present Crime was registered only in the year 2022 i.e., after delay of more than ll years. 5. ln view of the aforesaid facts and circumstances of the case, this Court is inclined to grant anticipatory bail to petitioner/A4 on the following conditions. i) ln the event of arrest of petitioner/A4 in the aforesaid crime, he sr}aII be enlarged on bail on his executing personal bond for a sum of Rs.10,000/-(Rupees Ten Thousand only) with two sureties of the like sum each to the satisfaction of the concerned Arresting Officer. ii) Petitioner shall make hl®mself available for interrogation by a police officer as and when required, and he shall not, directly or indirectly, make any inducement, threat or promise to any Person acquainted With the facts of the case so as to dissuade him from disclosing such facts to the court or to any police officer. G2Zir3{,. 6. Accordl'ngly, the criminal PetI-lion iS Partly allowed. To, t=------- I- sd/- K. 'J-. RLAJA BABu AS S ISTANi-`TREG ISTRAR llTFUE COPYll ` -fgiv=rf,, - Fo SECTION OFFICE.R _ \ 1. The Stall-On House offI'Cer, CID Poll-Ce Statl'on, A.P. Amaravathl-, # MangalagI'rl', Guntur District. 2. OneCCto sRl. KNARSIREDDYAdvocate[opuc] 7 3-[TowuoTiCs to pub"c prosecutor (AP) High courfofA.P., Amaravati Z2 4. One spare copy HIGH COURT SRK,J DATED:22/01 /2025 BAIL ORDER CRLP.No.96 of 2025 ALLOWED •t\:* #E$ 1®\5 Ci f'r : a,, ng+_. H==FTREEHEIHEEE~REEEEtlEEItREEREEEEiE!' `,dlt-, - I -..,-~r