1 Cri.A.No.5501 of 2011 IN THE HIGH COURT OF JUDICATURE AT BOMBAY, BENCH AT AURANGABAD. CRIMINAL APPLICATION NO. 5501 OF 2011 Deepak Ramdasrao Kalaskar ..APPLICANT VERSUS The State of Maharashtra ..RESPONDENT Mr A.V. Patil Indrale, Advocate for the applicant; Mr K.S. Patil, A.P.P. for the respondent CORAM : R.Y. GANOO, J. DATE : 20th December, 2011 PER COURT : Heard learned Advocate Shri A.V. Patil. 2. The applicant apprehends arrest in C.R. No.163 of 2011, registered with Hingoli police station, District Hingoli for the offences punishable under section 420, 408, 403, 418, 468, 471 read with sec. 34 of the Indian Penal Code. 3. The applicant is a Credit Assistant working with Spandana Sphurti Finance Ltd. (hereinafter referred to as the “said company”). 2 Cri.A.No.5501 of 2011 4. In the fraud, which is ensued in the said company, loans were given to 140 persons without proper scrutiny and without following proper procedure. In the papers of the investigation it is noticed that 130 loan applications are missing. 5. Learned Advocate for the applicant submitted that he is a Credit Assistant and he has nothing to do with the grant of loan. He submitted that as per the complaint his job is to inform intending creditors about the schemes and prepare their applications and submit it to his superiors. Even if this role is considered, it is not possible to accept that the present applicant has limited his actions only with reference to role. As a Credit Assistant he may be knowing minor details, particularly when 140 cases were sanctioned without appropriate applications. In my view, if the anticipatory bail is granted, the power of the police to effectively interrogate the present applicant would get curtailed. Police must get full freedom to deal with the present applicant; either in the custody or without custody. In order to unearth the fraud of Rs.21 Lakhs and odd, the police may require custodial interrogation of the present applicant. In view of this, the present applicant cannot get the benefit of the provisions of anticipatory bail and accordingly he cannot be granted anticipatory bail. His anticipatory bail is rejected. (R. Y. GANOO, J.) amj/criap5501.11