IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL CRIMINAL CRIMINAL APPELLATE JURISDICTION APPELLATE JURISDICTION APPELLATE JURISDICTION CRIMINAL CRIMINAL CRIMINAL APPLICATION NO.1486 OF 2008 APPLICATION NO.1486 OF 2008 APPLICATION NO.1486 OF 2008 Sachin Ananda Hande ... Applicant Vs. The State of Maharashtra ... Respondents Mr.V.V.Purvant for Applicant Mr.S.R.Shinde A.P.P.for Respondents CORAM CORAM CORAM : V.M.KANADE, J : V.M.KANADE, J : V.M.KANADE, J DATED DATED DATED : 9th : 9th : 9th February, 2009 February, 2009 February, 2009 P.C. P.C. P.C. 1. Heard learned counsel appearing for the applicant and learned A.P.P. for the State. 2. The applicant apprehends arrest in connection with offences which is registered at Islampur police station vide C.R.No.69/2008. The Government Auditor in his complaint has stated that the applicant and other co-accused misappropriated total amount of Rs.8,27,27,308/- by disbursing loans to fictituous persons and making investments in fixed deposits with bogus and fictitious institutions and also in favour of relatives of directors and presidents. Counsel appearing for the applicant submitted that the applicant is one of the director of the said credit society. It is submitted that all the 2 documents have been seized by the police and now an Administrator has been appointed by the government. It is submitted that custodial interrogation of the applicant is not necessary since his statement also has been recorded by the police. It is further submitted that four persons have been granted anticipatory bail by the Sessions Court and other persons are now being released on bail. It is therefore, submitted that custodial interrogation of the applicant is not necessary and he may be granted anticipatory bail. 3. This submission cannot be accepted. The allegations which are made against the accused in the complaint filed by the government auditor are of a serious nature making allegations of defalcation of public money by disbursing loans to fictitious persons and depositing moneys in fixed deposits with bogus and fictitious institutions. In view of the allegations which are made against the applicant and others in my view, this is not a fit case for grant of anticipatory bail. Merely because some of the accused are granted anticipatory bail by the Sessions Court that cannot be a ground for granting anticipatory bail to the present applicant. Hence, application for anticipatory bail is rejected. Liberty is granted 3 to the applicant to apply for bail. { V.M.Kanade, J } V.M.Kanade, J } V.M.Kanade, J }