1 Appln 3563-10 Anand IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.3563 OF 2010 Dr.Sanjay Pandurang Patil ..Applicant V/s. The State of Maharashtra ..Respondent Mr.H.S.Venegaonkar, Advocate, for the Applicant Mrs.R.V.Newton, APP, for the Respondent  State CORAM : R.C.CHAVAN, J. DATE : 1ST SEPTEMBER, 2010 P.C. . This is an Application for bail by Vice Chairman of Credit Society. The Applicant claims to have resigned on 28th December, 2005 but before that it appears that there was improper sanction of a loans amounting to about Rs.50,000,00/-. The Applicant was one of the nine directors of the Credit Society. All the other directors have been bailed out. The learned Counsel for the Applicant states that the Applicant has in fact no complicity in the matter and he resigned because he had grievance about the working of Credit Society. Even so the 2 Appln 3563-10 learned Counsel for the Applicant states that his client would deposit without prejudice to rights of his client a sum of Rs.5,00,000/- to show his bona fides which amount may dealt with by the learned Trial Judge at the end of the trial. 2. In view of this, the Applicant be released on bail on P.R.Bond of Rs.50,000/- with one or more sureties in the like amount of Rs.50,000/- on the condition that he shall deposit a sum of Rs.5,00,000/- with the trial magistrate within a period of four weeks after his release, failing which the bail would stand cancelled. The Applicant shall also attend the police station concerned as and when required by the Investigating officer till filing of charge sheet. The amount so deposited by the Applicant with the trial Magistrate shall be invested in any nationalized bank. (R.C.CHAVAN, J.) 3 Appln 3563-10