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 CRIMINAL APPLICATION NO.3923 of 2007 CRIMINAL APPLICATION NO.3923 of 2007 CRIMINAL APPLICATION NO.3923 of 2007 Sunil Murlidhar Chugani ..Applicant versus The State of Maharashtra ..Respondent Mr. A.P.Mundargi for the Applicant Mr. Saste for the Respondent CORAM : R.Y.GANOO, J. CORAM : R.Y.GANOO, J. CORAM : R.Y.GANOO, J. DATED : 28th April, 2008. DATED : 28th April, 2008. DATED : 28th April, 2008. P.C. 1. The applicant is arrested under Section 420, 465, 468 and other related offences and is concerned in C.R.No.I/98 of 2007 of Ulhasnagar Police Station. The applicant is said to have swindled substantial amount of money by representing to various persons at large that if the monies are invested for a particular period of time, the returns would be substantial, may be double amount in three months. 2. It appears that the applicant could not comply with the monetary obligation of the company by name United Amenities and Management Services Pvt. Ltd. -2- 3. The principal objection which has been raised at the hearing of the bail application was that the applicant has no connection at Bombay/Ulhasnagar and that there is every likelihood that he may not make himself available for trial. 4. The applicant’s wife has filed a detail affidavit showing the various assets held by the applicant or by the other relatives, so as to show that the applicant has his roots at Bombay/Ulhasnagar. 5. Chargesheet has already been filed, wife of the applicant Mrs. Kiran Chugani has been granted bail and the question before this Court is whether this applicant can be released on bail. 6. After having heard the learned advocates on both the sides and considering the fact that the trial may not start immediately as the same is to be conducted by the JMFC, Ulhasnagar, the applicant can be released on bail, ofcourse by putting certain conditions. -3- 7. For the reasons mentioned aforesaid, I pass the following order: ORDER i). The bail application is granted. The applicant is ordered to be released on bail inC.R.No.I-98/2007 of Ulhasnagar Police Station, in the sum of Rs.2,00,000/- (Rupees Two Lakhs only) with one surety in the like amount. ii) The applicant to execute a personal bond in the sum of Rs.2,00,000/- (Rupees Two Lakhs Only). iii) If the applicant has a passport, the applicant to deposit the passport with the Ulhasnagar Police Station. The applicant shall not leave State of Maharashtra without the permission of the concerned Court. The applicant shall report to the Ulhasnagar Police Station on every Monday and Thursday between 10.00 a.m. to 5.00 p.m. till 31.10.2008. Thereafter, the applicant shall report to the concerned police station on every Monday from 11.00.am. to 5.00 p.m. till 31.3.2009. -4- (R.Y.Ganoo, J.)