IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH, NAGPUR Criminal Application No. 70 of 2010 Ashok and ors v. State of Maharashtra ..................................................................................................................................................................... Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's order of directions and Registrar's orders ..................................................................................................................................................................... Mr P.P. Kotwal, Adv for applicants Mr S.B. Ahrikar, APP for State Coram : A.P. Bhangale, J Dated : 10th February 2010 1. Heard learned counsel for applicants and learned APP for State. Applicants are praying for anticipatory bail in connection with Crime No. 373/09 reported at Lakadganj P.S., Nagpur under Sections 406, 420 read with Section 34 of the Indian Penal Code. Prayer has been opposed by learned APP on the ground that the Directors of the Lokjivan Credit Cooperative Society have in connivance with President and Vice-President granted loan to their family members, friends and relatives to the tune of Rs. 38 lacs and above without there being any guarantor for the said loan transactions and without following procedure, misappropriated about Rs. 50 lacs which were public money. 2. At this stage when investigation into serious accusations is at its threshold, the question of granting regular bail must be left to the decision of regular court or the court dealing with remand proceedings in this case. 3. Learned counsel for the applicant fairly submitted that the applicants shall surrender before the remand court concerned by 15.2.2010. If they so surrender, the court concerned may allow them to move for plea for bail on merit and decide their application on merit. It is also for the court concerned to consider their interim bail subject to prayer for remand, if any, by the I.O. In view of this statement made by learned counsel for the applicants, applicants would not be arrested until 15.2.2010. Application disposed of. Judge. Hsj