IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI FRIDAY, THE NINTH DAY OF MAY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K SURESH REDDY CRIMINAL PETITION NO: 8484 OF 2022 Between: Kodali Swetha, W/o T. Madhuri Kirann, Aged 43 years, Occ. Employee, R/o Flat No. 501, CVR Heights, Jawahar Street, Near S Convention, RTC Workshop Road, Kamakoti Nag^r, Vijayawada. ...PETITIONER/A8 *■ AND X,-* 'I The State Of Andhra Pradesh, Rep. by its Spl. Public Prosecutor for CID/, Standing Counsel for CID, I ligh Court of Andhra Pradesh, Amaravathi. ...RESPONDENT Petition under Section 438 of Cr.P.C., praying that in the circumstances stated in the Memorandum of Grounds of Criminal Petition, the High Court may be pleased to enlarge the petitioner/A8 on bail the event of his arrest in connection with FIR No 9 of 2022 dates 22.03.2022 on the file of CID PS, Mangalagiri Guntur District. This Petition coming on for hearing, upon perusing the Memorandum of Grounds of Criminal Petition and upon hearing the arguments of Sri M SOLOMON RAJU, Advocate for the Petitioner and the Public Prosecutor I behalf of the Respondent on The Court made the following ORDER: APHC010578862022 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3239] s l < V.. i 9* FRIDAY,THE NINTH DAY OF MAY TWO THOUSAND AND TWENTY FIVE •. V PRESENT THE HONOURABLE SRI JUSTICE K SURESH REDDY CRIMINAL PETITION NO: 8484/2022 Between; 1.KODALI SWETHA, W/0 T. MADHURI KIRANN, YEARS, OCC. EMPLOYEE, AGED 43 R/0 FLAT NO. 501, CVR HEIGHTS, JAWAHAR STREET, NEAR S CONVENTION, RTC WORKSHOP ROAD, KAMAKOTI NAGAR, VIJAYAWADA. ...PETITIONER/ACCUSED i- AND 1.THE STATE OF ANDHRA PRADESH, Rep. by its Spl. Public Prosecutor for CID/, Standing Counsel for CID, I ligh Court of Andhra Pradesh, Amaravathi. ...RESPONDENT/COMPLAINANT Counsel for the Petitioner/accused: 1.M SOLOMON RAJU Counsel for the Respondent/complainant: 1.PUBLIC PROSECUTOR 2 Crl.P.No.8484 of 2022 KSR,J -4 The Court made the following ORDER This Criminal Petition, under Section 438 of Cr.P.C., has been filed by the petitioner/A.8, seeking pre-arrest bail, in connection with Crime No.9 of 2022 of CID P.S, A.P., Amaravathi, Mangalagiri, Guntur District. A case has been registered against the petitioner herein and others for the offences under Sections. 420, 406, 409, 120-B Indian Penal Code and Section 13(2) of the Prevention of Corruption Act, 1998. 2. The case of the prosecution is that M/S.Srinivasa Aqua Farms, a Partnership Firm, represented by its Managing Partner-Accused No.1 and other partners, were engaged in Fish Rearing Activity; that the unit was established in August 2020 and having its registered office located at Palakol, West Godavari District; that the Firm approached the defacto complainant-State Bank of India, Tadikallapudi Branch for sanction of Agricultural Asset Backed Loan for an amount of Rs.2.90 Crores for Fish Rearing Activity; that the request of the Firm was duly accepted, considered and sanctioned the loan vide letter dated 21.12.2020; that the petitioner and others had executed the loan document and created mortgage of the properties in favour of the defacto complainant-SBI; that subsequently it was observed that though M/s Srinivasa Aqua Farms have no agricultural lands in its name, but took some lands on lease and availed Agricultural Asset Backed Loan and thereafter proceeds of the loan were diverted into different individual accounts and thereby committed criminal misappropriation, cheating, criminal breach of trust in order to defraud the Bank; that the petitioner being Manager of State Bank of India, SBI, 3. / \ 3 Crl.P,No.8484 of 2022 KSR,J Tadikalapudi Branch has M/S.Srinivasa Aqua Farms and diverted the individual accounts. colluded with the partners of the loan amount into the 4. This court, having perused the entire taking into note of the specific allegations made in the First Information Report, is not inclined to grant anticipatory bail to the petitioner at this stage. Hence, the Criminal dismissed. material on record and against the petitioner petition is liable to be 5. Accordingly, the Criminal Petition is dismissed. As a sequel, miscellaneous applications pending, if any, shall stand closed. Sd/- SHAIK MOHD. RAFI ASSISTANT RpiSTRAR / //TRUE COPY// SECTIO FFICER To, 1. The Station House Officer CID Police Station, Mangalagiri Guntur District. , i 2. One CC to SRI M SOLOMON RAJU Advocate [OPUC] 3. Two CCs to The Public Prosecutor High Court of AP Amaravati [OUT] 4. Three CD Copies gsg V. ; '• If- • HIGH COURT \ # K - DATED; 09/05/2025 ORDER CRLP.No.8484 of 2022 DISMISSING THE CRIMINAL PETITION