Did the Kerala HC Grant Anticipatory Bail to the Producers of 'Manjummel Boys'?

Synopsis
Key Takeaways
- The Kerala High Court granted anticipatory bail to the producers of 'Manjummel Boys'.
- The case involves allegations of cheating regarding profit-sharing agreements.
- The court ruled that custodial interrogation is not necessary.
- The relationship between the parties is categorized as commercial.
- The complainant invested Rs 7 crore based on profit promises.
Kochi, June 26 (NationPress) The Kerala High Court has, on Thursday, approved anticipatory bail for the producers of the successful Malayalam film 'Manjummel Boys' in connection with an alleged cheating case involving the agreement on profit sharing from the film.
During the hearing of the producers' plea, the High Court noted that a previous coordinate bench had denied a request to quash the criminal proceedings. This was due to an objection from the investigation officer, who indicated that a portion of the funds invested by the complainant had been redirected to the personal account of the accused.
The court emphasized that the interactions between the parties are fundamentally rooted in business transactions, categorizing the dispute as a commercial matter.
"Given that a learned Single Judge has already declined to dismiss the proceedings, it cannot be claimed that this is merely a commercial dispute. There exists an element of criminality. However, the pivotal question is whether custodial interrogation is warranted," the court remarked.
Subsequently, the court determined that custodial interrogation was unnecessary in this case. It highlighted that "the distribution of profits and the investment methods employed by the parties are at the heart of this dispute, suggesting that most of the relevant issues could be substantiated through documentary evidence…"
Consequently, the High Court concluded that limited custody of the petitioners could be sanctioned to facilitate the investigation, directing them to meet with the Investigating Officer on July 7 from 10 a.m. to 5 p.m., and potentially again on July 8. They were granted anticipatory bail.
The allegations against the producers claim they deceived the complainant by soliciting an investment of Rs 7 crore under the pretense of guaranteeing a 40 percent share of the film's profits, which did not materialize despite the film's remarkable success. In court, while the producers maintained that this was strictly a commercial matter, the public prosecutor argued that preliminary investigations indicate that the petitioners have prima facie committed the alleged offenses, suggesting an effort to obscure criminal acts under the guise of a civil issue to postpone payments.
The producers receiving interim relief include Shawn Anthony, Soubin Shahir, and Shahir’s father.
The complainant in this case is Siraj Valiyathara Hameed.