1 Criminal Application No.1509/2011 IN THE HIGH COURT OF JUDICATURE OF BOMBAY BENCH AT AURANGABAD CRIMINAL APPLICATION NO.1509 OF 2011 Popat s/o Kashinath Patil ... APPLICANT VERSUS The State of Maharashtra & anr. ... RESPONDENTS ..... Shri R.R. Mantri, Advocate for applicant Shri K.S. Patil, A.P.P. for respondents ..... CORAM : K.U. CHANDIWAL, J. DATE : 4th May, 2011 PER COURT : 1. Heard finally. The accused/ applicant, 72 years old, a retired person, is Chairman of Sadhana Urban Cooperative Credit Society, Bhusawal, District Jalgaon. It is informed and not disputed that he has fixed deposits of Rs.16,00,000/- (Rupees Sixteen Lakhs) with the said Society and additionally, he has deposited Rs.2,00,000/- (Rupees Two Lakhs) pursuant to directions of this Court, on dated 17.4.2011. 2. Learned A.P.P. submits, that without there being any resolution, Rs.1.34 Crores was invested in 4-5 societies 2 Criminal Application No.1509/2011 which could not have been done in view of bar created under the Statute. However, it does not seem that present accused/ applicant had any role in such activity. The Society is still functioning. The fear psychosis sent to the depositors has now settled. 3. Least chances of accused absconding or jumping the bail. Hence order : O R D E R The interim protection dated 18.4.2011 is made absolute with the same conditions, i.e. not to release or encash Fixed Deposits of Rs.16,00,000/- and also not to withdraw Rs. 2,00,000/- deposited during pendency of the application. The accused/ applicant shall make himself available to the investigator whenever specifically commanded in writing. Application allowed and finally disposed of. K.U. CHANDIWAL JUDGE fmp/cri11509.11