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.4352 OF 2008 CRI.APPLICATION NO.4352 OF 2008 CRI.APPLICATION NO.4352 OF 2008 Sachin Dattaram Shinde, Applicant Vs The State of Maharashtra, Respondent Mr.O.A.Siddiqui, for the applicant. Mr H.J.Dedhiya, APP, for the respondent. CORAM : D.B.BHOSALE,J. CORAM : D.B.BHOSALE,J. CORAM : D.B.BHOSALE,J. DATE : 19/12/2008 DATE : 19/12/2008 DATE : 19/12/2008 PC: PC: PC: 1. Heard Mr.Siddiqui, learned counsel for the applicant and Mr Dedhiya, learned APP, for the State. 2. The applicant is seeking bail in C.R.No. I-292 of 2008 of Sarkarwada police station, Nashik. The said crime has been registered against the applicant and three others for having allegedly committed an offence punishable under sections 420,408, 467 and 468 read with 34 of IPC. 3. The prosecution case is that all the accused, in furtherance of their common intention, fabricated/ forged letterheads of Magma Strachi Finance Co.Ltd and with the help of the forged letterheads of the company collected an amount of Rs.4,62,690/- from various customers of the company in instalments and misappropriated the amount and thereby cheated the complainant-company as well as account holders/customers of the company. All the accused were employees of the said company. The applicant was working as recovery agent in the complainant-company, whereas the other accused were Branch Manager and Branch Recovery Officer. The applicant has stated that as per the procedure the recovery agents work under the supervision of the Branch Recovery Officer. He has further stated that whatever monies recovery agents recover from the customers of the company they deposit the entire amount with the Branch Manager of the company along with necessary receipts and thereafter the concerned officer deposits the daily collection in the account of the company and make necessary entries in the accounts of the concerned customers. 4. The applicant came to be arrested in connection with the offence on 28.9.2008. The investigation is almost complete and the learned APP informs that the police will be filing the chargesheet within 4-5 days. Keeping that in view and considering the role the applicant and overall facts and circumstances of the case, I am inclined to enlarge him on bail. Hence, the following order. . The applicant to be released on bail in the sum of Rs.50,000/- with one or two sureties to make up the said amount, subject to condition that the applicant shall report to the concerned police station every Wednesday and Saturday between 7 and 8 pm for a period of three months from today and thereafter on every Saturday till conclusion of the trial. . While passing this order I shall not be understood to have expressed any opinion on merits of the case and the trial Court shall deal with the case without being influenced by the observations made in this order. (D.B.BHOSALE, J.) (D.B.BHOSALE, J.) (D.B.BHOSALE, J.)