1 CR.APP. 1786.2009 IN THE HIGH COURT OF JUDICATURE AT BOMBAY, BENCH AT AURANGABAD. CRIMINAL APPLICATION NO.1786 OF 2009. Haji Sayyad Mohmmod s/o Sayyad Hameed ...Applicant. Versus 1. The State of Maharashtra & another. ...Respondent. ... Mrs.S.S.Jadhav, Advocate for the applicant. Mr.J.S.Gavane, APP for the respondent. ... CORAM: A.V.NIRGUDE,J. Date : 23rd June, 2009. COURT'S ORDER: 1. The applicant is seeking anticipatory bail in Crime No.42/2009 registered at City Police Station, Beed on 6th May, 2009. Offences punishable under Sections 409,408,406, 467, 468, 477(A), 109, 420, r/w 34 of the Indian Penal Code are alleged against the applicant and others. 2. Although, the applicant was one of the Directors of the bank he hardly attended meetings 2 CR.APP. 1786.2009 of Board of Directors. The crucial meeting was held on 16th of March, 2007, where the Board of Directors passed a dubious resolution sanctioning 9 employees of the bank term loans of various amounts. It is alleged that these loans were sanctioned without verifying credit worthiness of the debtors etc.. But the present applicant was not present when this resolution was passed. There is hardly any material against the applicant. The applicant, therefore, deserves anticipatory bail. The application is allowed. i) In the event of his arrest in this case, the applicant shall be released on bail of Rs. 10,000/-(Rs. Ten Thousand only) with one surety in the like amount. (A.V.NIRGUDE,J.) lkp.