1 mpt IN THE HIGH COURT OF JUDICATURE OF BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO. 507 of 2008 i) Dilip Yeshwant Mane ii) Maruti Changdeo Bhonge iii) Meenakshi Kashinath Awatade iv) Prakash Govind Kore .. Applicants versus State of Maharashtra .. Respondent ... Mr.A.P. Mundargi i/b U.R. Agandsurve for the applicant. Mr.K.V. Saste APP for the State. CORAM : D.G.KARNIK, J DATED : 7th March 2008 P.C.: 1. Heard. 2. The applicants seek pre-arrest bail in 2 connection with Crime No.4 of 2008 registered with Taluka police station, Solapur for the alleged offence punishable u/s.406, 408, 418, 420, 417 r/w section 34 of the Indian Penal Code. 3. The applicants are the members of the managing committee/directors of Sharad Gramin Bigarsheti Patsanstha (for short "the society") The managing committee consists of 12 members. The applicants are four of them. After the audit, the auditor of the society reported that there has been a fraud in the society to the extent of Rs.11,21,510/-. According to the prosecution, the applicants being the members of the managing committee are responsible for the said fraud and investigation is going on for the offence registered as above. 4. Perusal of the auditor’s report creates an impression that the applicants were negligent rather than being preparators of the fraud. However without prejudice to their contentions that they are not liable for the fraud, the applicants and other members of the managing committee have deposited the entire amount of Rs.11,21,520/- with the society and the same has been certified by the auditor vide his letter dated 11th January 2008, copy of which is filed at Exhibit-C. 3 5. In view of the fact that the allegations against the applicant are more than the nature of negligence and in view of the fact that the applicants and other members of the managing committee have deposited in the society the entire amount involved in the alleged fraud, in my view, the applicants are entitled to the bail subject to certain conditions. Hence, I pass the following order:- O R D E R . In the event the applicants or any of them is arrested, each of them shall be released on bail on personal bond of Rs.25,000/- together with one surety of the like amount subject to the following conditions:- i) The applicants shall not directly or indirectly make an inducement or threats to any of the prosecution witnesses and shall not in any way interfere with the investigation. ii) The applicants shall attend the concerned police station for interrogation once a week on every 4 Monday between 11.am to 1 p.m. for a period of 12 weeks and any other date and time on which they may be specifically summoned. . This order shall come to an end after the charge sheet is filed whereupon the applicants, if they so desire, may apply to the court for regular bail. If such an application is made, the Court shall consider it on its own merits without being in any way influenced by any of the observations made herein. (D.G. KARNIK, J)