Petitioner is accused in Crime No.860 of 2014 of the Sasthamcotta Police Station for the offences punishable under Secs.3 and 4 r/w Sec.17 of the Kerala Money Lenders Act, was arrested on 10.06.2014 and seeks bail.
2. Learned Public Prosecutor has opposed the application.
It is submitted that on getting information about the petitioner lending money without license, his premises was searched on 10.06.2014 and incriminating documents were seized.
3. Learned counsel submits that the petitioner is a retired Sub Inspector from the BSF.
4. Since further detention of the petitioner is not required, I am inclined to grant bail but subject to conditions to prevent recurrence of such incidents in future.
The application is allowed as under:
(i) Petitioner is granted bail in Crime No.860 of 2014 of the Sasthamcotta Police Station and shall be released, if not required to be detained otherwise on his executing bond for `25,000/- (Rupees Twenty Five Thousand Only) with two sureties for the like sum each to the B.A.No.4460 of 2014 2 satisfaction of the jurisdictional magistrate and subject to the following conditions:
(a) One of the sureties shall be a close relative of the petitioner.
(b) Petitioner shall not engage in money lending business without license from the appropriate authority.
(c) Petitioner shall report to the Officer investigating the case on every alternate Saturday between 10 a.m and 12 p.m for a period of two months or till final report is filed, whichever is earlier.
(d) Petitioner shall report to the Investigating Officer as and when directed for interrogation.
(e) Petitioner shall not, during the period of this bail get involved in any offence.
(f) Petitioner shall not intimidate or influence the witnesses.
(g) In case of violation of any of condition Nos.(b) to (f), bail granted hereby is liable to be cancelled by moving application before the learned magistrate as held in P.K Shaji Vs. State of Kerala (AIR 2006 SC 100).
Sbna True Copy Sd/-
THOMAS P.JOSEPH, JUDGE.
P A to Judge