In Brief
The appellant sought protection from arrest in connection with alleged criminal misappropriation and cheating by a rice mill owner who failed to return the required quantity of rice after custom milling, resulting in a deficit of Rs. 2,71,34,937. The Supreme Court made the interim protection absolute, permitting the appellant to be released on personal bond, with conditions that the Investigating Officer could attach the appellant's properties and bank accounts to cover the deficit. The Court clarified that violation of bail conditions may lead to cancellation by the Trial Court, and that the appellant could seek regular bail after submission of the final report and dispute the quantum of any required deposit at trial.
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