1 CR.APL NO.1182/2011 FARAD CONTINUATION SHEET NO. IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE, BENCH AT AURANGABAD CRI. APPLN/1182/2011 RAJENDRA MOTILAL PANDE V/S THE STATE OF MAHARASH TRA AND ANR In APPLN/338/2011 -------------------------------------------------- Office notes, office Memoranda of Court’s or Coram,appearances, Court’s orders Judge’s or directions and Registrar’s orders Orders Mr. S.G.Chapalgaonkar, Adv., for the applicant. Mr. V.H.Dighe, APP for State. Mr.N.N.Desale, Adv., for R.2. (appeared in Court) ... CORAM: K.U.CHANDIWAL, J. DATE:31/3/2011 1. Heard Mr. Chapalgaonkar in Application No.1182/2011. Criminal Application No.338/2011 was moved seeking bail in terms of Section 438 of Cr.P.C. On 9.2.2011, since applicant, during the course of submissions, showed willingness to give additional security to the Bank by creating charge on the property of his wife, as against loan advanced to him by the society, it was so accorded and the applicant was allowed time to create charge of the Bank for an amount of Rs.28,00,000/- ( Rs. twenty eight lacs) on the property of his mother and wife. It was also informed, after creation of 2 CR.APL NO.1182/2011 the charge, necessary document, indicating its entry to be furnished to the Credit Society/ Bank upto 15.3.2011. 2. Mr. Chapalgaonkar submits that, in compliance to the above directions, amount of Rs.5,00,000/- ( Rs. five lacs) is deposited on 30th March, 2011, against an acknowledgment. Necessary formalities of creating the charge is also complied with, however, due to some delay on the part of the Bank in releasing no objection in time, there is one day's delay. The charge of the Bank is raised. I find substance from photostat copy of 7/12 extract of CTS No.1779 which is a pencil entry about the charge of the Bank. Even if there is charge of Chopda Urban Cooperative Bank since valuation of the property is around Rs.60,00,000/- ( Rs. sixty lacs), it covers the security for the Credit Society for an amount of Rs. 27,19,135/- ( Rs. twenty seven lacs, nineteen thousand, one hundred thirty five). The net result is the directions in Criminal Application No.338/2011 are complied with. Consequently, the 3 CR.APL NO.1182/2011 extension of few days sought by the applicant is granted and the application allowed to the extent as above. (K.U.CHANDIWAL) JUDGE ... AGP/1182-11crapl