CRL OP(MD). No.14735 of 2026 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT ( Criminal Jurisdiction ) Date : 20/07/2026 PRESENT The HONOURABLE MR. JUSTICE K. RAJASEKAR CRL OP(MD). No.14735 of 2026 Balachandran, S/o. Kaluvadevar, Vengalamoorthy Nagar, Thanakankulam, Madurai District.. ... Petitioner/Accused Vs The State of Tamilnadu, Rep By,The Inspector of Police, City Crime Branch Police Station, Madurai City. Cr.No.25 of 2026.. ... Respondent/Complainant For Petitioner :Mr.S Prabhu, Advocate. For Respondent : Mr.J.Vishnu, Government Advocate (Crl.Side) PETITION FOR ANTICIPATORY BAIL Under Sec.482 of BNSS PRAYER :- C-38AB. For Anticipatory bail in Cr.No.25 of 2026 on the file of the respondent police. 1/7 https://www.mhc.tn.gov.in/judis CRL OP(MD). No.14735 of 2026 ORDER : The Court made the following order :- The petitioner/Accused, who apprehends arrest at the hands of the respondent police for the offences under Sections 120(B), 109, 465, 468, 471 and 408 of IPC in Crime No.25 of 2026, on the file of the respondent Police, seeks anticipatory bail. 2.The case of the prosecution is that the defacto complainant is working as Manager in Jothi Finance (P) Ltd. The officials of Jothi Finance Pvt. Ltd., in collusion with the other accused, including some of the borrowers, created bogus title documents and without properly verifying the records, sanctioned loans to the huge extent of 1.63 crores. Hence, the present complaint has been registered. 3.The learned counsel appearing for the petitioner submitted that the petitioner's name is not found in the FIR. It is alleged that the petitioner's wife had borrowed a part of the loan amount, and she has also been granted anticipatory bail by this Court in Crl.O.P.(MD) No.12933 of 2026, vide order dated 06.07.2026. He further submitted that the petitioner is ready to cooperate with the investigation and he has no 2/7 https://www.mhc.tn.gov.in/judis CRL OP(MD). No.14735 of 2026 previous cases. Hence, he prayed to grant anticipatory bail to the petitioner. 4.The learned Government Advocate (Crl. Side) appearing for the respondent police reiterated the prosecution case and submitted that the petitioner has no previous cases and the investigation in this case is still pending. Hence, he opposed to grant anticipatory bail to the petitioner. 5.Heard the learned counsels and perused the materials available on record. 6.Considering the rival submissions made on either side and the nature of offences charged against the petitioner and considering the facts that though the value of the property is less, the officials of the finance company have played major role in this case and the investigation is pending and the petitioner's wife, who is the borrower of the loan, has already been granted anticipatory bail by this Court and the petitioner had only signed some of the loan documents either as a co- borrower or as a witness, I am of the view that custodial interrogation of the petitioner is not necessary in this case and hence, I am inclined to 3/7 https://www.mhc.tn.gov.in/judis CRL OP(MD). No.14735 of 2026 grant anticipatory bail to the petitioner subject to certain conditions. [a] Accordingly, the petitioner is ordered to be released on bail in the event of arrest or on his appearance, within a period of fifteen days from the date on which the order copy made ready, before the learned Judicial Magistrate Court No.1, Madurai, on condition that the petitioner shall execute a bond for a sum of Rs.15,000/- (Rupees Fifteen Thousand only) with two sureties each for a like sum to the satisfaction of the learned Judicial Magistrate concerned and on further conditions that: [b] the petitioner shall give his thumb impression and signature for the purpose of investigation, if required. [c] the petitioner shall report before the respondent police daily at 10.30 a.m., for a period of three weeks and thereafter, as and when required for interrogation. [d] the petitioner shall not commit any offences of similar nature. [e] the petitioner shall not abscond either during 4/7 https://www.mhc.tn.gov.in/judis CRL OP(MD). No.14735 of 2026 investigation or trial. [f] the petitioner shall not tamper with evidence or witness either during investigation or trial. [g] On breach of any of the aforesaid conditions, the learned Judicial Magistrate/Trial Court is entitled to take appropriate action against the petitioner in accordance with law as if the conditions have been imposed and the petitioner released on bail by the learned Magistrate/Trial Court himself as laid down by the Hon'ble Supreme Court in P.K.Shaji vs. State of Kerala [(2005)AIR SCW 5560]. [h] If the accused thereafter absconds, a fresh FIR can be registered under Section 269 B.N.S. (K R S J) 20.07.2026 vsg 5/7 https://www.mhc.tn.gov.in/judis CRL OP(MD). No.14735 of 2026 TO 1.The learned Judicial Magistrate Court No.1, Madurai. 2.The Inspector of Police, City Crime Branch Police Station, Madurai City. 3. The Additional Public Prosecutor, Madurai Bench of Madras High Court, Madurai. 6/7 https://www.mhc.tn.gov.in/judis CRL OP(MD). No.14735 of 2026 K. RAJASEKAR,J., vsg ORDER IN CRL OP(MD) No.14735 of 2026 Date : 20/07/2026 7/7 https://www.mhc.tn.gov.in/judis