High Court Kerala High Court

Konnola Yousef vs State Of Kerala on 26 November, 2008

Kerala High Court
Konnola Yousef vs State Of Kerala on 26 November, 2008
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

Crl.MC.No. 2423 of 2008()


1. KONNOLA YOUSEF, S/O.K.MOIDEENKUTTY HAJI,
                      ...  Petitioner
2. KONNOLA ABDUL SAMAD,

                        Vs



1. STATE OF KERALA, REPRESENTED BY ITS
                       ...       Respondent

2. THE REGISTRAR OF CO-OPERATIVE SOCIETIES,

3. THE BRANCH MANAGER, MALAPPURAM SERVICE

                For Petitioner  :SRIC.M.MOHAMMED IQUABAL

                For Respondent  :SRI.V.G.ARUN

The Hon'ble MR. Justice R.BASANT

 Dated :26/11/2008

 O R D E R
                        R. BASANT, J.
          -------------------------------------------------
                Crl.M.C. No. 2423 of 2008
          -------------------------------------------------
       Dated this the 26th day of November, 2008

                             ORDER

The petitioners are accused 1 and 2 and they face

allegation in a crime for offences punishable, inter alia,

under Secs.420, 465 and 471 IPC. Some of the offences

are not compoundable. The crux of the allegations

against the petitioners is that they availed a loan from the

3rd respondent – a Co-operative Bank. The loan was

availed offering certain sureties who produced their

documents as security. Those documents were of the

properties of respondents 4 and 5 herein. Those

documents were pledged before the bank in the name of

the sureties. The loan was advanced and amounts were

availed by the accused. There was default in repayment

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and arbitration proceedings were initiated before the

authority (R2) under the Kerala Co-operative Societies Act.

In the course of that proceedings, it was contended by

respondents 4 and 5 that they were not the ones who

executed the documents. Some persons had impersonated

them and had executed the documents as sureties in their

absence. They were not available in India and did not and

could not have executed the relevant documents, it was

contended.

2. Respondent No.2, on being satisfied about the

allegations raised, filed a complaint before the police. The

crux of the complaint is that the bank has been defrauded

and the funds have been siphoned out from the coffers of

the Bank fraudulently and dishonestly. The petitioners have

now come before this Court. It is submitted that the 3rd

respondent – Bank, or respondents 4 and 5 – the alleged

sureties, have no grievance now and they have compounded

the offences allegedly committed by the petitioners.

Inasmuch as they have compounded the offences, the

powers under Sec.482 Cr.P.C. may be invoked and the

Crl.M.C. No. 2423 of 2008 -: 3 :-

proceedings may be brought to premature termination,

contends the learned counsel for the petitioners.

3. Respondents 3, 4 and 5 have entered appearance

and have confirmed that they have no objection against the

quashing of the proceedings accepting the composition.

4. In the nature of the allegations raised, it was felt by

this Court that the response of the 2nd respondent must be

ascertained. The learned Public Prosecutor, after taking

instructions, reports that the 2nd respondent is not willing

to compound the proceedings and to get the proceedings

quashed. The learned Public Prosecutor submits that this

cannot be reckoned as an offence which is personal and

private between the petitioners herein and respondents 3

to 5. The Bank functions under the Kerala Co-operative

Societies Act. The offence has been committed in respect

of the affairs of the Co-operative Bank. Larger issues are

involved. Money belonging to the members of the Co-

operative Society have been fraudulently siphoned out from

the coffers of the Bank by the culpable acts of the

petitioners and respondents 3 to 5. Serious view is bound

Crl.M.C. No. 2423 of 2008 -: 4 :-

to be taken. In any view of the matter, it cannot be

assumed that the dispute is one which is private and

personal between the parties. The 2nd respondent has a

duty as an official of the Co-operative Societies to safeguard

the true interests of the Co-operative Bank including the 3rd

respondent and the fact that the 3rd respondent has

compounded the non-compoundable offences may not be

reckoned as a sufficient justification to quash the

prosecution for the offences punishable under Secs.465 and

471 IPC. The learned Public Prosecutor submits that, in

these circumstances, the invocation of the jurisdiction

under Sec.482 Cr.P.C. is totally unjustified.

5. I find merit in the opposition raised by the learned

Public Prosecutor on behalf of the State and the 2nd

respondent – the official of the Co-operative Department. I

am satisfied in the nature of the allegations that the mere

fact that the petitioners as also respondents 3 to 5 have

chosen to come to terms is not sufficient reason to accept

the composition and invoke the jurisdiction under Sec.482

Cr.P.C. I find merit in the contention that the Bank and its

Crl.M.C. No. 2423 of 2008 -: 5 :-

officials if they were knowingly parties to the fraud may

themselves be liable to face prosecutions as they may have

committed the dishonest acts in respect of the affairs of the

Bank. It is not necessary for me to delve deeper into that

aspect. Suffice it to say that I am not persuaded to invoke

the extraordinary inherent jurisdiction under Sec.482

Cr.P.C.

6. The learned counsel for the petitioners submits that

the investigation though commenced as early as in 1998,

final report has not been filed. I am satisfied that the

Investigating Officer must complete the investigation as

expeditiously as possible.

7. With the above observations, this Crl.M.C. is

dismissed.

Sd/-



                                     (R. BASANT, JUDGE)


Nan/

           //true copy//       P.S. to Judge

 Crl.M.C. No. 2423 of 2008 -: 6 :-




                          R. BASANT, J.

————————————————-

Crl.M.C. No. 2423 of 2008

————————————————-
Dated this the 25th day of September, 2008

ORDER

The prayer is to quash the proceedings invoking the

extraordinary inherent jurisdiction under Sec.482 Cr.P.C. as

enabled by the dictum in Madhan Mohan Abbot v. State of

Punjab (2008 AIR SCW 2287). The learned counsel for the

respondent/complainant has entered appearance and confirms

settlement/composition. Notice given and the learned Public

Prosecutor shall take instructions. Call on 7/10/08. The

learned Public Prosecutor undertakes that the petitioners shall

not be arrested till that date. The said undertaking is accepted.

(R. BASANT, JUDGE)

Nan/

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