This is the second application for pre-arrest bail filed by
the accused No.11 in Crime No.1204/2025 of Peramangalam
Police Station, Thrissur District under Section 482 of the Bharatiya
Nagarik Suraksha Sanhita, 2023 (for short, the BNSS).
2. The applicant is alleged to have committed the
offences punishable under Sections 420 and 408 r/w Section 34 of
the Indian Penal Code.
3. The prosecution case in short is that the
accused Nos.1 to 12, including the applicant, being one of the
Directors of the Board of Directors in the Mundoor Vyapari
Vyavasaayi Sahakarana Sangham, issued loans to 500 fictitious
persons and misappropriated an amount of `3.53 crores during
the period from 2016 to 2018 by forging applications and thereby
committed the above offences.
