SVR INFRA DEVELOPERS Vs. STATE OF TELANGANA

JUDGEMENT

(1.) This Criminal Petition is filed under Sec. 438 Cr.P.C. by petitioners/A3 to A6 seeking bail in the event of their arrest in connection with Crime No.151/2022 on the file of Sadasivpet Police Station, Sangareddy District, registered for the offences punishable under Ss. 120b, 406, 409, 417, 418, 420, 423, read with 34 of the Indian Penal Code.

(2.) The case of the prosecution is that a private complaint was filed by the defacto complainant before the magistrate court and the same was referred to police for the purpose of investigation. It is alleged that Accused Nos.1 and 2 have entered into an agreement with petitioner No.1(A3) i.e. M/s.SVR Infra Developers represented by petitioners 4 and 5, however, since the agreement did not go as planned, the defacto complainant took over the said development and paid an amount of Rs.1.00 crore and the balance amount of Rs.2.5 crores was to be paid subject to obtaining DTCP permission etc. However, it is alleged that the Accused Nos.1 and 2 and petitioner No.1 (A3) representing petitioners 2 and 3 (A4 and A5) failed to perform their part of contract in getting 'Naala' certificate for which reason A1, A2 and A3 allegedly committed the offence of cheating, criminal breach of trust and thereafter, the petitioners executed a sale deed in favour of third person (petitioner No.4/A6 herein) on 16/5/2022.

(3.) Learned Counsel appearing on behalf of petitioners would submit that as seen from the averments of the complaint, the transactions are purely civil in nature; and that there is no element of criminality in the said transactions. Further, the defacto complainant filed civil suit in OS.No.644 of 2022 on the file of I Additional Junior Civil Judge-cum-I Additional Judicial Magistrate of First Class, Sangareddy, aggrieved by the violation of the terms of the contract in between the petitioners and defacto complainant.