1 BA 93 OF 2011 vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL BAIL APPLICATION NO.93 OF 2011 Vaibhav Kashinath Dhawale .. Applicant -versus The State of Maharashtra .. Respondent. Mr. P.G. Sarda, for the Applicant. Mrs. P. P. Shinde, APP for the Respondent State. CORAM: R.C. CHAVAN, J. DATED: 7th April, 2011 P.C. 1. Learned counsel for the applicant states that the applicant had no intention to cheat any bank. The applicant is ready to deposit an amount of Rs.7,00,000/- as mentioned in the F.I.R. without prejudice to his claims. Learned APP has a grievance that the applicant cheated many other persons and several other offences are registered against him. Investigating agency in those offences would obviously take appropriate steps against applicant. However, in order to ensure the object of securing money first which the applicant is alleged to have defrauded, the application is allowed as the applicant is in jail since last more than one year. The applicant arrested in CR NO.10 of 2010, registered at Lashkar Police Station, Pune, be released on bail on his furnishing PR Bond in the sum of Rs.50,000/- with one or more solvent 2 BA 93 OF 2011 sureties in the aggregate sum of Rs.50,000/- on the condition that the applicant shall deposit an amount of Rs.3,50,000/- with the learned Trial Court, within a period of two weeks of his release from the jail and remaining amount of Rs. 3,50,000/- within a period of four weeks thereafter, which amount the learned trial Court shall invest in any nationalized bank to earn maximum interest and shall deal with the same at the end of the trial as per result of the trial. The applicant shall report at the police station concerned every Sunday between 10.00 a.m. to 1.00 p.m. till the trial is over. 2. Application stands disposed of. (R. C. CHAVAN, J.)