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.2467 OF 2008 Anil Pandharinath Bharambe .. Applicant. Vs. State of Maharashtra .. Respondent. Mr.S.V.Marwadi for the applicant. Mr.H.J.Dediya A.P.P. for the State. CORAM : D.B.BHOSALE, J. CORAM : D.B.BHOSALE, J. CORAM : D.B.BHOSALE, J. DATED : 10TH DECEMBER, 2008. DATED : 10TH DECEMBER, 2008. DATED : 10TH DECEMBER, 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-260 of 2007 of Sarkarwada police station, Nashik. It appears that the applicant has been arrested in connection with four crimes registered at Thane, Nashik, Mumbai and Pune bearing C.R.Nos.I-411 of 2007, 260 of 2007, 659 of 2007 and 606 of 2007 respectively. The said cases have been registered against the applicant and one another for having allegedly committed an offence punishable under sections 420, 467, 468 read with section 34 of IPC and sections 45(6), 58(B) and 5 of RBI Act. All the four cases 2 2 2 came to be registered against the applicant and the main accused - Premchand Kamble, who is the Promoter and the Director of a Private Ltd. company known as Unique Pincrop Pvt. Ltd (for short "the company"). The applicant was a Manager at all the branches of the company. The company floated a scheme under which members of the public were invited to invest monies whereupon the company would purchase the cars and let them out to differnt infotech tax companies and pay the income after deducting expenses and its charges to the investor. The complainant also paid large sum of monies to the company. It appears that the complainant got two-three instalments of income from the car purchased in the name of the complainant but was not paid any money thereafter. The company had thus pocketed the money invested. With similar allegations the offence came to be registered at all the four places. The main accusd - Premchand Kamble has already been granted bail in the instant C.R. No.260 of 2007 (Nashik). Insofar as the present applicant is concerned, he has also been granted bail in C.R.No.606 of 2007 Chatursinghi police station, Pune. The applicant is in custody since October, 2007. Keeping that all in view and considering overall facts and circumstances of the case I am inclined to grant this application for bail. Hence 3 3 3 the following order: . The applicant to be released on bail in the sum of Rs.50,000/- with two local sureties of the like amount subject to condition that the applicant shall report to the concerned police station on every alternate Saturday between 7 and 8 pm for a period of six months from today. The application is disposed of. . 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.)