IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO. 3957 OF 2009 Vilas Anna Jadhav ..... ..... ...Applicant V/s The State of Maharashtra ..... ..... ..Respondent. Mr.Satish Mishra i/by Mr.A.M.Sarogi, Adv. for the applicant. Ms.P.P.Shinde, APP for the Respondent. CORAM: A.P.DESHPANDE, J. 1st October, 2009. PC: This is an application for bail moved under section 439 of Cri.P.C. by the applicant against whom offence punishable under sections 467, 468, 471, 420 read with 34 of IPC has been registered vide CR No. 1-430/07. According to the FIR the present applicant along with other 16 persons had applied for sanction of loan and had misrepresented to the bank that they are gainfully employed. The name of the company also is mentioned in the application for loan. Believing the representation of the applicant and other co-accused to be true and correct State Bank of India had sanctioned the loan. However later on it was discovered that the present applicant was not employed in the company named in the application. The applicant has been advanced loan of Rs. 3 lacs and the same has not been repaid. In identical set of facts some of the co-accused are released on bail as they had undertaken to deposit the entire amount of loan together with interest with the bank within stipulated time frame. Learned counsel for the applicant submits that the applicant as well is ready and willing to deposit the entire amount together with interest with State Bank of 1 India within a period of two weeks from today without prejudice to his rights and contentions. Thus bail is claimed on parity. 2. Learned APP does not dispute that the present applicant is similarly situated with the applicant in criminal application No. 4155/09 who has been granted bail. In that view of the matter the present applicant is entitled to grant of bail. The statement made by the learned counsel for the applicant that the applicant shall deposit the entire amount together with interest with the State Bank of India within a period of two weeks from today is accepted. The applicant also undertakes to file receipt of deposit of amount with the bank within a period of three weeks from today in the trial court. In the result I pass the following order: The applicant-Vilas Anna Jadhav shall be released on bail on executing personal bond in the sum of Rs.20,000/- with one or two sureties in the like amount. The applicant shall attend the concerned police station once a week on every Saturday between 5.00 p.m. to 7.00 p.m. for a period of two months and shall cooperate in the investigation. Applicant to file receipt of the amount deposited with the Bank in the trial Court within a period of three weeks. Deposit of cash bail is permitted for a period of two weeks during which time applicant shall arrange for sureties. Application stands disposed of. 1.10.2009. 2