1 FARAD CONTINUATION SHEET NO. IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE, BENCH AT AURANGABAD CRIMINAL APPLICATION NO.2772/2009. ----------------------------------------------------------------------------------------------------------- Office notes, office Memoranda of Coram,appearances, Court’s orders Court’s or Judge’s orders. or directions and Registrar’s orders ----------------------------------------------------------------------------------------------------------- Mrs. Sadhana S.Jadhav, Advocate for the applicant; Mr.PM Shinde, APP for State. ___ CORAM : K.U.CHANDIWAL, J. DATE : 21 st August,2009. 1. Heard learned Counsel for the applicant/accused and learned APP. 2. There was a fraud enmeshing the entire organization at Champawati Urban Cooperative Bank Ltd., Beed (hereinafter to be referred as the Bank). The accused herein, though reported to be oscillating between 17 to 18 years, purportedly signed the loan documents for non existing Dhaba ( a road side open hotel), catering for transporters at large, and availed the financial facility to the tune of Rs.50,00,000/-. It was apparently to dupe the bank and take unworthy benefits. However, the fact remains that without verifying even the age of the accused/applicant, the facilities were extended to him. The amount outstanding is hopping in crores, 2 but the fact remains, the applicant/accused is in custody from 10th June, 2009, he is a college-going student, hails from the same place, least chances of his absconding, consequently, the applicant/accused deserves to be enlarged on bail on the terms indicated below. 3. Applicant/accused - Narayan s/o Umaji Raut be released on his furnishing PR bond and surety in the sum of Rs. 15,000/- (Rupees fifteen thousand) in Crime No.56/2009. 4. After his release, the applicant/accused shall report the Investigator and also the Auditor/complainant on every Sunday and Monday respectively between 10.00 a.m. to 5.00 p.m. for a period of six months. 5. The applicant/accused shall coordinate with the auditor/complainant in ensuring completing defective documents and eradicating the irregularities in the documents wherever it is possible from the side of the accused. 6. Criminal Application is allowed in above terms. ( K.U.CHANDIWAL ) JUDGE bdv/cran2772.09