CRLP/8912/2024 of Y VIKRANTH REDDY Vs STATE OF ANDHRA PRADESH

HONOURABLE SRI JUSTICE K SREENIVASA REDDY CRIMINAL PETITION NO: 8912 OF 2024 ORDER: This Criminal Petition, under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short ‘the BNSS’), has been filed on behalf of the petitioner/accused No.1 to grant anticipatory bail in connection with Crime No.30 of 2024 of CID PS., Mangalagiri. 2. A case has been registered against the petitioner/accused No.1 and other accused for the offences punishable under Sections 506, 384, 420, 109, 467, 120B read with 34 of the Indian Penal Code, 1860 (for short, ‘IPC’) and Section 111 of the Bharatiya Nyaya Sanhita, 2023 (for brevity ‘BNS’). 3. Pursuant to a report dated 02.12.2024 lodged by 2nd respondent/defacto complainant, the subject crime came to be registered. The allegations, in brief, are as follows: (a) M/s. Kakinada Seaports Limited (for short, ‘KSPL’) is a concessionaire from the Government of Andhra Pradesh (for short, ‘GoAP’) vide Concession 2 Agreement dated 19.03.1999, to carry on business of Kakinada Deep Water Port (for short, ‘KDWP’). KSPL made huge investments and developed KDWP. It became a profit-making company. M/s. Kakinada SEZ Limited (for short, ‘KSEZ’) acquired 8320