Iifl Home Finance Ltd v. E.Moorthy

ORDER This Criminal Original Petition has been filed to set-aside the docket order dated 09.09.2024 and to direct the trial Court to pass appropriate order permitting the petitioner to get the amount of Rs.1000000/- deposited by the accused in Crl.M.P.No.5829 of 2018.

¶2The second respondent-Police registered a case against the first respondent herein and others in Crime No.408 of 2018 for the offences under Sections 420, 465, 468, 471 read with 34 of the IPC. Pending investigation, the first respondent/accused filed Crl.M.P.No.5829 of 2018 on the file of the CCB & CB-CID Metropolitan Magistrate, Egmore, Chennai, seeking bail. The learned Metropolitan Magistrate, vide order dated 31.10.2018, granted bail and directed the first respondent to deposit a sum of Rs.10 lakhs to show his bona-fides to the credit of Cr.No.408 of 2018. Based on the direction of the learned Magistrate, the first respondent/accused has also deposited the said sum. Meanwhile, the petitioner/de-facto complainant filed a petition before the learned CCB CB-CID Judge, Egmore, seeking permission to withdraw the said sum of Rs.10 lakhs deposited by the first respondent/accused. The learned Judge rejected the petitioner's application, vide impugned docket order dated

09.09.2024. Aggrieved by the same, the petitioner has filed this criminal original petition.

¶3On a perusal of the records, it is seen that the second respondent-Police registered a case against the first respondent herein and others/accused persons in Crime No.408 of 2018 and the investigation is still pending and charge sheet is yet to be filed. At this stage, the petitioner is not entitled to the relief as sought for by him before the learned Magistrate and also before this Court.

¶4In view of the above, this Criminal Original Petition is dismissed. However, the petitioner is at liberty to work out his remedy before the trial Court after filing of the charge sheet. 21-07-2025 mfa Index:Yes/No Speaking/Non-speaking order Internet:Yes To

1.The CCB & CB-CID Metropolitan Magistrate, Egmore, Chennai,

2.The Inspector of Police Central Crime Branch-I, Chennai.

¶3The Public Prosecutor, High Court, Chennai. P.VELMURUGAN J. mfa CRL OP No. 20382 of 2025

21-07-2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 21-07-2025 CORAM THE HONOURABLE MR JUSTICE P. VELMURUGAN 1. IIFL Home finance Ltd Formerly known as India Infoline Housing Finance Ltd IIFL, Having its registered office at 12A, 10, 13th Floor, Parinee Crescenzo, C-38 and C-39, G block, Behind MCA Bandrakurla Complex, Bandra East, Mumbai-400 051. Corporate Office at Plot No.98, UdyogVihar, Phase-4, Gurgaon, Branch office presently at O.No.41 N.No.76, block I, 3rd Floor, CIT , 1st Main Road, Nandhanam, chennai-600 Through its Authorized Officer Mr.Frazer .R Petitioner(s) Vs 1. E.Moorthy S/o.Elumalai K.S VGN Korna, 66,67,68,s1 2nd Floor, Gerungambakkam, Chennai-600 122 2.State rep by The Inspector of Police Central Crime Branch-I, Chennai. Respondent(s) PRAYER This Criminal Original Petition is filed under Section 528 of BNSS, to setaside the return docket order dated 09.09.2024 and to direct the trial court to pass an appropriate order for permitting the petitioner to get the amount of Rs.1000000 deposited by the accused in Crl.M.P.No.5829 of 2018. For Petitioner(s): Mr.V.Balasubramani For Respondent(s): Mr.S.Vinoth Kumar Government Advocate (Crl Side) For R2