1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO. 4518 OF 2008 ALONGWITH CRIMINAL APPLICATION NO. 4519 OF 2008 Mr. Prashant Dattatray Parjane ..... Applicant. V/s The State of Maharashtra ...... Respondent. ------ Mr. S.B. Shetye for the applicant. Mr. S.R. Shinde, APP for the State. ------ CORAM : V.M. KANADE, J. DATE : 12th January, 2009 P.C.: 1. Heard the learned Counsel for the applicant and the learned APP for the State. 2. Applicant had taken loan from the complainant - bank. However, due to financial stringency, he was not in a position to repay the loan amount. Therefore, criminal complaint was filed and it was alleged that the applicant had failed to comply with the necessary terms and conditions which were imposed on him while granting loan to him. 3. The learned Counsel appearing on behalf of the applicant submits that the applicant has paid the entire amount which was due and payable to the Bank. 2 4. In any event, merely because the applicant was unable to repay the loan amount, that by itself would not make him liable under the provisions of section 406, 408, 409 or 420 of the Indian Penal Code. Therefore, in my view, this is a fit case for grant of anticipatory bail. 5. In the event of the applicant being arrested in connection with C.R. No.152 of 2006 which is registered by Panchavati Police Station, Nashik which is now transferred to CID, for the offence punishable under sections 403, 406, 408, 409, 418, 420, 468, 471 and 120-B read with section 34 of the Indian Penal Code, applicant be released on bail in the sum of Rs 10,000/- with one or two sureties in the like amount. Applicant shall co-operate with the investigating agency and attend the office of concerned Officer of the CID as and when called. 6. Both the applications are disposed of. (V.M. KANADE, J.)