1 BA 726-2011 Anand IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL BAIL APPLICATION NO.726 OF 2011 WITH CRIMINAL BAIL APPLICATION NO.729 OF 2011 1. Haridas Sadashiv Dalvi ..Applicants 2. Sadashiv Laxman Dalvi V/s. The State of Maharashtra ..Respondent Mr.P.G.Sarda, Advocate, for the Applicant Ms Alpa T. Javeri, APP, for the Respondent - State CORAM : R.C.CHAVAN, J. DATE : 6TH MAY, 2011 P.C. . Heard the learned Counsel for the respective parties. 2. These are the two applications for bail by the applicants, who are arrested in connection with C.R.No.11 & 12 of 2010 for the offence punishable under Sections 403, 406, 409, 420, 427 read with Section 34 of the Indian Penal Code registered with 2 BA 726-2011 Tembhurni Police Station, upon order of investigation under Section 156(3) of the Code of Criminal Procedure in two complaints filed by Nagnath Saudagar Chavan and Audumbar Tatya Taware alleging misappropriation of Rs. 1,91,000/- and Rs.1,00,000/- in the two cases. The applicants were arrested on 16th March, 2011 and are in magisterial custody. The learned Counsel for the applicants states that to show their bona fides, the applicants would deposit a sum of Rs.1,91,000/- in the first case and a sum of Rs.1,00,000/- in the other case in the Court of JMFC within a period of two weeks of their release. 3. In view of this, applicants' being in custody for further investigation pending the trial may not be necessary. The applicants in the two applications be released on bail on their furnishing P.R.Bond of Rs.25,000/- each with one or more solvent sureties in the aggregate sum of Rs.25,000/- in each of the 3 BA 726-2011 two crimes on the condition that the applicants in C.R.No.12 of 2010 shall deposit a sum of Rs.1,91,000/- registered with Tembhurni police station and the applicants in C.R.No.11 of 2010 shall deposit a sum of Rs. 1,00,000/- in the Court of the learned JMFC which the learned Magistrate shall invest in interest earning deposit in a Nationalized Bank and deal with it at the end of the trial as per the result of the trial. If the amount is not so deposited, the order shall stand revoked. The applicants shall also report at the Tembhurni police station on 22nd May, 2011 at 10:00 a.m. and thereafter, as and when required by the investigating officer. 4. Criminal Applications are disposed of. (R.C.CHAVAN, J.)