/ 1 / IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.1411 OF 2008 IN CRIMINAL APPEAL NO.472 OF 2008 Rupesh Sitaram Gaikwad ...Applicant Vs. The State of Maharashtra ...Respondent ---- Shri Rishi Bhuta for Applicant Shri Rajesh More APP for the State. ---- CORAM: V.M. KANADE J. DATED 16TH DECEMBER, 2008 P.C. 1. This is an application for reduction of bail amount of Rs.30,000/-, which has been imposed by this Court in its order dated 8.7.2008. 2. The learned Counsel appearing on behalf of the Applicant submits that the Applicant could not furnish the said security of Rs.30,000/- and, therefore, he is still in the custody. He, therefore, submitted that the said bail amount of Rs.30,000/- may be reduced to Rs.10,000/-. It is submitted that one other Accused in the same case was released on bail in the sum of Rs.10,000/- with one or two sureties in the like amount by an order dated 24th October, 2008. 3. This Court by an order dated 8.7.2008, had already released this Applicant on bail. However, the Applicant could not avail of the said bail granted by this Court since he could not furnish security bond of the said / 2 / amount of Rs.30,000/-. It is well settled that once the Court comes to a conclusion that the Applicant is entitled to be released on bail, then the amount of bail should be such that he is in a position to furnish the said amount. Therefore under these circumstances, the bail amount is reduced to Rs.10,000/- and the Applicant is directed to furnish two sureties in the like amount. The other conditions, which are imposed by the order dated 8.7.2008 shall continue to be in operation. 4. Application is accordingly allowed in the aforesaid terms. V.M.KANADE J.