IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.1360 OF 2008 Vishal Jagannath Patane ...Applicant Vs. The State of Maharashtra ..Respondent --- Shri Rajendra Sorankar for Applicant Shri M.H. Mhatre, APP for State ---- CORAM: V.M. KANADE J. DATED 6TH MAY, 2009 P.C. 1. Pursuant to the order passed by this Court on 16th February, 2009, the report has been submitted by the Tahasildar stating therein that the Applicant is the owner of ½ portion of the house and the value of the ½ portion is Rs.2,00,000/- . The Applicant was a director of the Society and the complaint is filed by the auditor on 8th February, 2008 for the offences punishable under sections 405, 406, 420, 465, 468, 471, 477A r/w. 34 of the Indian Penal Code. 2. In the complaint, allegation is mainly against the chairman, his son- in-law and the manager of the said credit society. The Applicant has filed an affidavit cum undertaking in which he has given details of his assets and immovable properties. These assets and immovable properties have been verified by the Tahasildar. The Applicant in his affidavit has given an undertaking that he shall not dispose of the said property during the pendency of the criminal proceeding or during the pendency of any application filed by the credit society for recovery of the said amount. 3. Undertaking is accepted. In view of the affidavit cum undertaking, the Applicant also would be entitled to be released on bail in the event of his arrest. Admittedly, custodial interrogation of the Applicant is not necessary. All documents have been seized. The other directors also have been granted anticipatory bail on their furnishing similar undertakings. 4. The Applicant, therefore, in the event of his arrest in connection with C.R. No.8 of 2008 registered with the Mahad City Police Station for the offences punishable under sections 405, 406, 420, 465, 468, 471, 477A r/w. 34 of the Indian Penal Code, shall be released on bail in a sum of Rs.10,000/- with one or two sureties in a like amount He shall report to the concerned police station, as and when called. He shall not tamper with the evidence. 5. Application is allowed and disposed of. V.M. KANADE J.