1 BA 116 OF 2011 vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.116 OF 2011 Mr. Haresh Jivraj Moradia @ Patel .. Applicant -versus The State of Maharashtra .. Respondent. Nr. H. H. Ponda, Senior Counsel, for the Applicant. Mrs. P. P. Bhosale, APP for the Respondent State. CORAM: R.C. CHAVAN, J. DATED: 15th February, 2011 P.C. 1. This is an application for bail by a person who claims to have only acted as an agent in securing business on behalf o Star Impex, a dubious firm. The applicant is alleged to have in fact paid a sum of Rs.2,00,000/- to the complainant and had assured to secure the monies due from Accused Nos 2 to 4 i.e. the owners and partners of firm Star Impex. Learned counsel for the applicant submits that the applicant was only a Commission Agent and noting more and the applicant has nothing to do with any misappropriation. All the same, learned counsel for the applicant submits that since in remand dated 30th August,2010, the complainant has stated that a sum of Rs.9,76,119/- was to be recovered and to show his bonafides the applicant would deposit this amount in 2 BA 116 OF 2011 two instalments with a gap of two weeks each with the learned trial Court after the applicant is released. In view of this the applicant's being in custody for the purpose of investigation may not be necessary. In view of this the applicant arrested in CR NO.140 of 2010, be released on bail on his furnishing PR Bond in the sum of Rs.25,000/- with one or more solvent sureties in the aggregate sum of Rs.25,000/- on the condition that the applicant to deposit a sum of Rs. 5,00,000/- before the learned Trial Court within a period of two weeks of his release on bail and remaining amount of Rs. 4,76,199/- to be deposited within two weeks thereafter which amounts, the learned Trial Court shall invest in any nationalized bank to earn maximum interest and shall deal with the same at the end of the trial as per result of the trial. Time to deposit the amount to be reckoned after the applicant is being released as above. 2. The applicant shall also attend the concerned police station on first Sunday of the every month between 10.00 a.m. to 1.00 p.m. till the chargesheet is over. 3. The application stands disposed of. (R. C. CHAVAN, J.)