1 APPLN 2822 OF 2010.sxw vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.2822 OF 2010. Hitesh B Kareliya .. Applicant -versus The State of Maharashtra .. Respondent. Ms. Anjali Patil, for the Applicant. Mrs. P. P. Shinde, APP for the Respondent State. CORAM: R.C. CHAVAN, J. DATED: 7th October, 2010 P.C. 1. This is an application for bail by a person who had mortgaged same property with three banks and as such deceived the three banks to the tune of Rs.2 crores. The banks have already started proceeding before the Debt Recovery Tribunal. Learned counsel for the applicant states that if applicant is released, within three weeks, he would liquidate the loans of the banks. Considering the amount outstanding and the fact that the property has already been attached by Debt Recovery Tribunal, the possibility of applicant’s liquidating the loan after release is remote. In any case the banks have a proceeding before DRT which applicant may have disposed of expeditiously. Only if he clears of all the liability, his 2 APPLN 2822 OF 2010.sxw application for bail could be considered. It is not the case of a person who had submitted documents for taking loan and suffered loss,. He had submitted the same set and documents in respect of same property to the three different banks. In view of this, the application is rejected. The learned Judge would expedite the hearing of the cases. (R. C. CHAVAN, J.)