{1} IN THE HIGH COURT OF JUDICATURE OF BOMBAY BENCH AT AURANGABAD CRIMINAL APPLICATION NO.844 OF 2010 Onkar s/o Govindrao Nimbhorkar Age-56 years, Occ-Contract Grader R/o House NO.7, Santaji Nagar, Amrawati, APPLICANT VERSUS The State of Maharashtra Through Police Station Pimpalgaon Hareshar, Tq-Pachora, Dist-Jalgaon RESPONDENT ....... Mr. S.S.Patil Advocate for applicant Mr. N.R.Shaikh, APP for respondent State ....... [CORAM : A.V.POTDAR, J.] DATE: 8th March 2010 PER COURT: 1. This is an application by which the applicant has prayed to release him on bail in connection with CR No.25/2009 registered with Pimpalgaon Hareshwar police station for an offence punishable u/s 409, 420 of the IPC. 2. Heard learned counsel for the applicant followed by {2} learned APP. 3. The said offence is registered on the complaint of Deputy Manager, Cotton Federation, Sub Division, Pachora. It is alleged that while the applicant was working as a Grader with the Federation, he has purchased inferior quality cotton during the period 22.01.2009 to 06.03.2009 and caused loss to the Federation to the tune of Rs.8,90,400/-. 4. It is urged that the investigation is practically over and the further custody of the applicant is not necessary. Per contra, as the amount is yet to be recovered from the applicant and hence learned APP opposed the application. 5. Considering the allegations against the applicant it is not the case of the Federation that the funds entrusted with the applicant are misappropriated. However, according to the complaint due to purchase of the inferior quality cotton, the Federation has sustained the loss. In the premise and considering the stage of investigation, further custody of the applicant is not necessary. 6. In the result, the application is allowed. The applicant be released on bail in connection with CR No.25/2009 registered with Pimpalgaon Hareshwar police station on his furnishing surety in the sum of Rs.20,000/- and on executing PR bonds in the like {3} amount. Applicant to attend the concerned police station whenever required on written requisition by the IO concerned. [A.V.POTDAR, J.] drp/A10/criapln844-10