1 CA-5250.10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE  CRIMINAL CRIMINAL APPLICATION NO.5250 OF 2010 Gopal Balkrishana Joshi .... Applicant Vs. The State of Maharashtra .... Respondent Shri Umesh Mankapure for the Applicant. Ms R.V. Newton, APP, for the State. Ms Radha Mahamuni, PSI, Vishrambaug Police Station, Sangli, present. CORAM: R.C. CHAVAN, J. DATED: DECEMBER 09, 2010 P.C: 1. This is an application for anticipatory bail by a Director of a defunct co-operative credit society. Since audit has not yet taken place, there is no concrete figure of misappropriation, if any. The learned APP states that in view of this the applicant should not be admitted to bail because the applicant's liability is not at all known. The learned counsel for the applicant, on instructions from the applicant who is present in the Court, states that there are about 24 borrowers who have borrowed a sum of Rs. 11,00,000/- from the society. The applicant is 2 CA-5250.10 one of the 11 Directors of the society. In view of this, presuming that all those 24 borrowers have defaulted and the Directors are responsible for the sum of Rs.11,00,000/-, the applicant's liability pro-rata would come to Rs.1,00,000/-. The learned counsel for the applicant submits that the applicant is in no way responsible for any misappropriation of the sum but to show his bona fide the applicant would deposit a sum of Rs.1,00,000/- within a period of four weeks; the first instalment of Rs.50,000/- within two weeks and the second instalment of Rs.50,000/- within four weeks from today. In view of this, there should be no reason for the applicant being subjected to custodial interrogation. In view of this, in the event of his arrest the applicant be released on bail in C.R. No.216 of 2010 of Vishrambaug Police Station, Sangli on his furnishing P.R. Bond in the sum of Rs.25,000/- with one or more solvent sureties in the sum aggregating to Rs.25,000/- on the condition that the applicant shall report at the Police Station concerned initially on 20-12-2010 at 10:00 a.m. and thereafter as and when required by the I.O.. The applicant shall not, directly or indirectly, make any inducement, threat or promise to any person acquainted with the facts 3 CA-5250.10 of the case so as to dissuade him/her from disclosing such facts to the Court or to any police officer and he shall not leave the country without the prior permission of the trial Court. This order shall remain in force till the charge-sheet is filed. 2. The applicant shall deposit a sum of Rs.50,000/- within two weeks and another Rs. 50,000/- within four weeks from today before the Court of the Chief Judicial Magistrate Sangli. The learned Magistrate shall invest the money in interest earning fixed deposit in any nationalised Bank and shall deal with the same at the end of the trial as per the result of the trial. 3. The application accordingly stands disposed of. (R.C. CHAVAN, J.)