1 1 1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.3840 OF 2008 Soniya Rakesh Rajput .. Applicant. Vs. The State of Maharashtra .. Respondent. Mr.A.P.Mundargi, senior advocate with Ms.Trupati Shetty and Mr.Rajesh Shrivastava for the applicant. Mr.K.V.Saste A.P.P. for the State. CORAM : D.B.BHOSALE, J. CORAM : D.B.BHOSALE, J. CORAM : D.B.BHOSALE, J. DATED : 20TH NOVEMBER, 2008. DATED : 20TH NOVEMBER, 2008. DATED : 20TH NOVEMBER, 2008. P.C.: . Heard learned counsel for the applicant and learned A.P.P. for the State. 2. The applicant is seeking bail in C.R.No.I-269 of 2007 of Thane Nagar police station, Thane. The said crime has been registered against the applicant and four others for having allegedly committed an offence punishable under sections 420, 465, 467, 468, 470, 471 r/w 34 of the IPC. 3. It is the case of prosecution that the husband of the applicant formed two companies by name Sigma Auto Link Pvt. Ltd. and Sigma Motors. The second company is not registered under the provisions of the Companies Act. These companies floated two schemes under which they invited deposits from the investors and from the monies collected, they were to purchase 2 2 2 cars and hire them out to earn good income and pay attractive returns to the depositors. It is alleged that the accused did collect huge amounts from the investors, but did not invest it as promised. The office of the companies, on the complaints, was raided on 25.8.2008. Since then the husband of the applicant and his two companies have been absconding. The Manager of the company was arrested and he has been released on bail. Insofar as the present applicant is concerned, she came to be arrested on 21.3.2008. Her application for bail has been opposed mainly on the ground that she would abscond if released on bail. Mr.Saste submitted that in the present case the applicant came to be arrested at the Amritsar Airport when she attempted to go to Dubai. The applicant has 10 years old son and other family members. Her passport has already been seized by the investigating agency. Mr.Mundargi, learned senior counsel for the applicant on instructions submits that the applicant is prepared to deposit the passport of her son with the investigating officer. Having considered the submissions of Mr.Mundargi and considering overall facts and circumstances of the case I am inclined to release the applicant on bail. Hence the following order: . The applicant to be released on bail in the 3 3 3 sum of Rs.1,00,000/- with two solvent sureties to make up the said amount out of which one surety would be her close relative, subject to the condition that she shall report to the concerned police station on every Wednesday and Saturday between 9 and 10 pm till her absconded husband is arrested by the police. The applicant shall deposit the passport of her son - Puneet before her release on bail. . While passing this order I shall not be understood to have expressed any opinion on merits of the case and the trial Court shall deal with the case without being influenced by the observations made in this order. (D.B.Bhosale, J.) (D.B.Bhosale, J.) (D.B.Bhosale, J.)