1 APPLN 5456 OF 2010 vks IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.5456 OF 2010 Masood Sayyed Jammadar Sayyed .. Applicant -versus The State of Maharashtra .. Respondent. Mr. Niranjan Mundargi i/b Mr. G.K. Jadhav, for the Applicant. Mrs. s.D. Shinde, APP for the Respondent State. CORAM: R.C. CHAVAN, J. DATED: 25th January, 2011 P.C. 1. This is an application for anticipatory bail by a person, who is already admitted to bail in another crime. The applicant is apprehending his arrest in another CR No.255 of 2009, registered with Cuffe Parade Police Station, for the offences punishable under Sections 420, 418 read with section 34 of the Indian Penal Code. The applicant had received a sum of Rs.1,55,667/- and Rs.21,010/- from first informant towards investment in the share capital in City Limousine India Ltd. He allotted preferential share of Rs.1,10,000/- on which he had paid dividend per month at the rate of Rs. 7,000/- upto July,2009. From August,2009 dividend was not paid. The first informant was paid in all Rs.2,04,000/- from March, 2007 to July,2009. Since this was obviously towards dividend, learned counsel for the applicant states that without 2 APPLN 5456 OF 2010 prejudice to his rights and contention, he is ready to deposit a sum of Rs.1,10,000/- which the first informant invested in the share capital. In view of this the applicant's being in custody for the purpose of further investigation may not be necessary. Hence in the event of applicant's arrest in above CR, he be released on bail on furnishing PR Bond in the sum of Rs. 50,000/- with one or more solvent sureties in the aggregate sum of Rs.50,000/- on the following conditions :- i) The applicant shall deposit a sum of Rs.1,10,000/- with learned trial Court, within a period of two weeks from today, which the learned trial Court shall invest in the nationalized bank to earn maximum interest, and the learned trial Court shall deal with the same at the end of the trial as per result of case. ii) The applicant shall make himself available on 28th January,2011 at 11.00 a.m. for interrogation by Investigating Officer and thereafter as and when required Investigating Officer. iii) The applicant shall not, directly or indirectly make any inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him from disclosing such facts to the Court or to any police officer; iv) The applicant shall not leave India without the previous permission of the trial Court. 3 APPLN 5456 OF 2010 v) The order shall remain in force till the trial is over with the only stipulation that if chargesheeted the applicant may furnish fresh bonds before the trial Court in view of the judgment of the Hon’ble Supreme Court in case of Siddharam Satlingappa Mhetre -vs- State of Maharashtra and ors, in S.L.P No.7615 of 2009. vi) The application stands disposed of accordingly. (R. C. CHAVAN, J.)