1 vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.1263 OF 2010 Mr. Prakash Kunkan Nambiar .. Applicant -versus The State of Maharashtra .. Respondent. Mr. Subodh Desai, for the Applicant. Smt. V.R. Bhosale, APP for the State. CORAM: R.S.MOHITE, J. DATED: 22nd April, 2010 P.C. 1. This is an application for grant of bail. The applicant is shown as accused in CR No.46/2010 registered with the Bund Garden Police Station, Pune for the alleged offences punishable under section 406, 420, 120B r/w 34 of Indian Penal Code and sections 4, 5 and 6 of Prize Chit Fund and Money Circulation Act. 2. On perusal of the application it appears that the present applicant is made accused as he was dealing with Pune area. According to sources he was Director of the company by name M/s City Limousine (I) Ltd. He has annexed 32F form indicating that he was not Director of the company. In addition to that he has also annexed to his affidavit dated 21st April, 2010 Form-16, issued 2 under section 203 of the Income Tax Act, l961 which indicates that though he was designated as Regional Director, he was only paid salary. The said Form-l6 indicates that the gross salary of the present applicant was Rs.1,95,435/-. 3. Record indicates that the present applicant had joined the said firm after retirement from the Air Force. There are no any antecedents in so far as the present applicant is concerned. 4. In the additional affidavit filed by the applicant on 21.4.2010, he has also stated that various investments were made by the applicant in his name as well as in the name of his family members. He has invested more than Rs.l0,00,000/- arising from his personal savings details of which are given. 5. The learned APP states that the copy of affidavit is served on the State and the prosecution has verified the fact as noted therein and the saving of the present applicant to the tune of Rs.l0,00,000/- was invested with the same firm and the present applicant himself lost money. 6. Taking into account the above special circumstances, I am inclined to grant bail. It is, therefore, directed that pending his trial in pursuance of Cr No.46 of 2010 registered at Bund Garden Plice station, the applicant will be released on the bail in the sum of Rs.25,000/- with one surety in the like amount subject to condition that he will report to the Investigating Officer once a fortnight on 1st 3 and 3rd Mondays of every month and does not tamper with any other witnesses and remain present on all dates of his trial unless exempted. Application stands disposed off. 7. It is absolutely made clear that bail has been granted to this applicant in special circumstances and peculiar features of the matter and this order can not be cited as a precedent in so far as other accused in this case are concerned. (R.S. MOHITE, J.)