MP 1 ABA762_11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION ANTICIPATORY BAIL APPLICATION NO. 762 OF 2011 Shri Shyam Jaswantrai Hemrajani ... Applicant Versus The State of Maharashtra ... Respondent CORAM : J. H. BHATIA, J. DATE : 16TH SEPTEMBER 2011 Mr. Manoj Kadam, Advocate for the Applicant. Mr. Y. S. Shinde, APP for the State. P. C. : Heard. 2. The applicant seeks anticipatory bail in Crime No. 04 of 2011 registered by Economic Offences Wing, Unit II, C.B., C.I.D., Mumbai for the offences punishable under Sections 406, 420 and 120-B of the Indian Penal Code. The complaint was registered on a report lodged by one Rameshchandra Sahu who is a National Co-ordinator of Bharat Integrated Social Welfare Agency (“said Agency” for short). It appears that the said Agency had entered into MoU with M/s. Purohit and Associates of which the applicant is one of the partners. The complainant had deposited certain amount with M/s. Janeva Enterprises (P) Limited situated in Singapore and he was assured a loan of 60 million USD. For that amount, a cheque was issued by M/s. Purohit and Associates but the payment of cheque, under prior intimation to the complainant, was stopped as per the directions given by M/s. Janeva Enterprises (P) Limited, which was the principal of M/s. Purohit and Associates. It appears that the complainant had filed a criminal case under Section 138 and Section 420 of the Negotiable Instruments Act and the Indian Penal Code respectively. The case under Section 420 was dismissed and the case under Section 138 was withdrawn from the Delhi Court. After five years, the F.I.R. is lodged with Bombay Police. Taking into consideration the nature of MP 2 ABA762_11 the dispute and the circumstances, in my opinion, custodial interrogation of the applicant is not necessary for the purpose of investigation of the case. 6. Therefore, in the event of arrest in the Crime No. 04 of 2011, the applicant shall be released on his executing P.R. of Rs. 25,000/- each with one surety in the like amount with condition that he shall make himself available to the police for the purpose of interrogation / investigation, as and when required and shall produce all the relevant documents. The applicant shall fully co-operate with the police. Application stands disposed of. (J. H. BHATIA, J)