1 IN THE HIGH COURT OF JUDICATURE AT MUMBAI CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.1338 OF 2009 Rakesh Premnarayan Pande .. Applicant. Vs. State of Maharashtra .. Respondents. Mr.B.R.Maurya for the applicant. Mrs.S.D.Shinde A.P.P. for the State. Mr.M.K.Kocharekar for respondent no.2. Coram: D.B. BHOSALE, J. Dated : 24TH June, 2009 P.C. Heard learned senior counsel for the applicant, learned counsel for respondent no.2 and learned A.P.P. for the State. 2. The applicant is seeking anticipatory bail in C.R.No.471 of 2009 of Samata Nagar Police Station. The crime has been registered against the applicant and others for having allegedly committed an offence punishable under sections 420 r/w 34 of IPC. 3. I have perused the FIR and other material placed before the court. The main allegation appears to be against the brother of the applicant with whom the complainant invested huge 2 amount of Rs.1,91,70,000/-. The allegations against the present applicant is that he had taken responsibility to repay the said amount to the complainant. It has also come on record that a company of the applicant’s brother has purchased one office at Andheri from the said amount. According to the prosecution the present applicant is also one of the Directors of the company. Mr.Maurya, learned counsel for the applicant, however, submits that the applicant had made a complaint with the Registrar of Companies on 20th August, 2008, seeking deletion of his name from the list of Directors. This complaint to the Registrar of Companies was made much before the date on which the FIR was lodged. In short, Mr.Maurya submitted that the applicant has no concern with the company which purchased the office at Andheri. This court on earlier occasion had directed the applicant to report to the concerned police station and co- operate with the investigation. Learned A.P.P., on instructions, submits that the applicant did report to the concerned police station as per the directions. The main accused has been arrested and is still in the custody. Keeping that in view and having considered overall facts and circumstances of the case and the nature of allegations against the applicant, I am inclined to grant this application for anticipatory bail. Hence the following order: In the event of arrest, applicant be released 3 on bail in the sum of Rs.25,000/- with one or two sureties to make up the said amount, subject to the conditions incorporated in sub-section (2) of Section 438 of Cr.P.C. Further, the applicant is directed to report to the concerned police station on every Saturday between 11am and 12 noon for a period of 60 days or till filing of the chargesheet, whichever is earlier. 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 uninfluenced by the observations made in this order. Application is disposed of. (D. B. Bhosale, J.)