IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRI.APPLICATION NO.3826 OF 2008 CRI.APPLICATION NO.3826 OF 2008 CRI.APPLICATION NO.3826 OF 2008 1.Gautam Atmaram Panchal, 2.Ravindra Panchal, 3.Mahesh Panchal, .. Applicants. Vs 1.CBI, Mumbai. 2.The State of Maharashtra, Respondents. Mr N.Thakore with Mr B.Parkash i/b ParKash Naik, for the applicants. Mr K.V.Saste,APP for the State. CORAM : D.B.BHOSALE,J. CORAM : D.B.BHOSALE,J. CORAM : D.B.BHOSALE,J. DATE : 21/10/2008 DATE : 21/10/2008 DATE : 21/10/2008 PC: PC: PC: 1. Heard Mr Thakore, learned counsel for the applicants and Mr Saste, learned APP for the State. 2. The applicants have prayed for reduction of surety amount from Rs. 5 lacs to Rs.30,000/-. I have perused the application and the other material placed before this Court. This court is informed that the applicants has deposited an amount of Rs.5 lacs each with provisional cash surety for a period of one month, as allowed by the Sessions Court vide order dated 8.10.2008. Having regard to overall facts and circumstances of the case, I am satisfied that the order dated 8.10.2008 deserves to be modified in the following terms: . Applicants/accused be released on executing P.R.Bond of Rs.5,00,000/- (Rs.five lacs) each with two sureties, instead of one surety as directed by the order dated 8.10.2008, in the like amount. Rest of the order dated 8.10.2008 shall remain unaltered. Time to furnish surety is extended for a further period of four weeks from today. . The application is disposed of. (D.B.Bhosale, J.) (D.B.Bhosale, J.) (D.B.Bhosale, J.)