1 Appln 3166-10 Anand IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.3166 OF 2010 Subhash Namdev Satpute ..Applicant V/s. The State of Maharashtra ..Respondent Mr.Amin Solkar, Advocate, for the Applicant Mrs.S.D.Shinde, APP, for the Respondent - State CORAM : R.C.CHAVAN, J. DATE : 15TH SEPTEMBER, 2010 P.C. . This is an application for bail by a teacher, who participated in a scam of about Rs.40,61,635/- vide C.R.No.127 of 2009 for the offence punishable under Sections 409, 420, 467, 468, 202 read with 34 of the Indian Penal Code registered with Laxmipuri Police Station, Kolhapur, in one of the Schemes floated by the Government. Investigation is complete. Charge sheet has been filed. The applicant is in jail since 19th December, 2009. The learned Counsel for the applicant states that the 2 Appln 3166-10 applicant has in fact no role to play in the matter and his superiors were instrumental in all that happened. All the same he states that his client would deposit a sum of Rs. 10,00,000/- to show his bona fide. 2. In view of this, applicant be released on bail on P.R.Bond of Rs.25,000/- with one or more solvent sureties in the aggregate sum of Rs.25,000/- on the condition that applicant shall deposit with the trial Court a sum of Rs.10,00,000/- within a period of one month which amount shall be invested by the trial Judge in any Nationalized Bank and shall deal with the amount at the end of trial as per the result of the trial. If the amount is not so deposited, bail would automatically stand cancelled. 3. Criminal Application is disposed of. (R.C.CHAVAN, J.) 3 Appln 3166-10