:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO. 297 OF 2006 Mangesh Tukaram Thombre ....Applicant. V/s The State of Maharashtra ...Respondent. --- Mr. R.S. Kate for the applicant. Ms. S.V. Gajre, APP for the State. --- CORAM: CORAM: CORAM: V.M. KANADE, J. V.M. KANADE, J. V.M. KANADE, J. DATE: DATE: DATE: 6th March, 2006 6th March, 2006 6th March, 2006 P.C. 1. Heard the learned Counsel for the applicant and the learned APP for the State. 2. The applicant was arrested in connection with C.R. No. 116 of 2005 registered with Vaduj Police Station for the offence punishable under section 420 read with section 34 of the Indian Penal Code. The charge-sheet has been filed. 3. It is alleged that the applicant was a Director of a Company and the applicant and others had induced unemployed youths to deposit certain amount in fixed deposit of their Company by assuring them to supply tractors and also to give employment. The applicant is in jail since 6/12/2005. The trial is not likely :2: to commence for some time. The applicant is a permanent resident of District Satara. His father has an agricultural land in the said District. The applicant is married and his family resides in the same area. Considering these facts, the applicant is not likely to abscond. Further, stringent conditions can be imposed to ensure that he does not flee from justice and faces the trial. 4. The applicant be released on bail in the sum of Rs 5000/- with one or two sureties in the like amount. The applicant shall report to Vaduj Police Station once in a week. V.M. V.M. V.M. KANADE, J. KANADE, J. KANADE, J.