1 CA-5491.10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE  CRIMINAL CRIMINAL APPLICATION NO.5491 OF 2010 Ganesh Babanrao Kale .... Applicant Vs. The State of Maharashtra .... Respondent S/Shri Amit Sale with Tushar Pimple for the Applicant. Ms Geeta P. Mulekar, APP, for the State. CORAM: R.C. CHAVAN, J. DATED: DECEMBER 14, 2010 P.C: This is an application for bail by a person who had taken loans from the complainant-Bank for purchase of cars but did not produce the cars before the Bank. A sum of Rs.13,66,567/- had been disbursed as loan to the applicant for purchase of cars. The applicant did not produce the cars for inspection by the Bank. The learned counsel for the applicant submits that the applicant has not cheated the Bank but would deposit a sum of Rs.13,00,000/- without prejudice to his rights to show his bona fides as under: 1. Rs.5,00,000/- within three weeks of his release from the custody; 2. another Rs.5,00,000/- within five weeks of 2 CA-5491.10 the release from the custody; and 3. the balance of Rs.3,00,000/- within seven weeks of the release from the custody. In view of this, the applicant's being in custody pending the trial in a matter in which the investigation is over may not be necessary. In view of this, the applicant be released on bail in C.R. No.99 of 2010 of Vishrambaug Police Station (presently with the EOW), Pune on his furnishing P.R. Bond in the sum of Rs.50,000/- with one or more solvent sureties in the sum aggregating to Rs.50,000/- on the condition that the applicant shall deposit with the trial Court a sum of Rs.5,00,000/- within two weeks of his release from the custody, another Rs.5,00,000/- within four weeks of the release from the custody and the balance of Rs. 3,00,000/- within six weeks of the release from the custody. On the amounts being so deposited, the learned trial Judge shall invest the same in an interest earning fixed deposit in any nationalized Bank and shall deal with the same at the end of the trial as per the result of the case. No extension would be sought and granted. The schedule for depositing of the amount will have to be scrupulously followed. If the amount is not deposited as per the 3 CA-5491.10 schedule, this order shall stand revoked without reference to the Court. The applicant shall attend the police station concerned on the first Sunday of every month till the trial is over. The application accordingly stands disposed of. (R.C. CHAVAN, J.)