1 mpt IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO. 859 of 2010 Abhiman Apparao Waghmode ... Applicant versus The State of Maharashtra ... Respondent ... Mr.V.V. Purwant for the applicant. Mr. J.P. Kharge APP for the State. CORAM : D.G. KARNIK, J. DATED : 2nd March 2010 P.C. 1. Heard. 2. By this application, applicant seeks bail in connection with C.R.No.507 of 2008 registered at Mohol Police Station for an alleged offence punishable u/s.406, 408, 409, 420 r/w section 34 of the IPC. 3. Applicant is a member of the Managing Committee (Director) of Priyadarshini Nagri Sahakari Patsanstha Ltd (for short “the society”) After audit of the society a FIR was lodged on 14th December 2008 that members of the managing committee of the society had committed irregularities in granting of the loan and thereby caused loss to the 2 society. Offence was registered and investigated and the past and present members of the managing committee (Directors) were arrested. The present applicant was arrested on January 2010 and since then he is in custody. Counsel for the applicant submits that several other members of the managing committee (Directors) have been granted bail by the Sessions Court on 26th May 2009. One member of the managing committee has been granted bail by this court vide order dated 10th January 2010 passed in Criminal Application No.4780 of 2009. The role of the applicant in the alleged crime is no different than the role of other members of the managing committee who have been granted bail. Hence, by parity, applicant is entitled to bail. Hence, I pass the following order:- O R D E R Applicant be released on bail on his executing P.R. bond of Rs. 10,000/- with two sureties of the like amount. (D.G. KARNIK,J.)