..(1).. IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.1396 OF 2008 Shri Suresh Raghunath Ghangale. ..Applicant. Versus The State of Maharashtra and Anr. ..Respondents. .... Mr.V.P.Sawant, Adv. with Ajit Shah, Adv. i/b. M/s.ALMT Legal, for the applicant. Mr.H.J.Dedia, APP, for the State. Mr.Nitin P. Deshpande, Adv. for Respondent No.2. .... CORAM : SMT.V.K.TAHILRAMANI,J. CORAM : SMT.V.K.TAHILRAMANI,J. CORAM : SMT.V.K.TAHILRAMANI,J. DATED : 24th July, 2008. DATED : 24th July, 2008. DATED : 24th July, 2008. P.C.: 1. Heard the learned Advocate for the applicant, the learned Advocate for respondent No.2-orig.complainant and the learned APP for the State. 2. A private complaint was filed by respondent No.2-orig.complainant against the applicant and five other accused persons. The said complaint is under Section 465, 467, 468, 471 r/w. 109 of IPC. In the said case, the learned Magistrate passed an order under Section 156(3) of Cr.P.C. and directed Hadapsar police station to investigate the matter. The said order is passed on 13.11.2007. Thereafter ..(2).. Hadapsar police station registered M.E.C.R. No.2 of 2007. The applicant is apprehending his arrest in the said case. 3. The prosecution case is that the mother of respondent No.2-orig.complainant was the owner of property bearing Plot No.5 in Ghorpadi, Pune. The mother of the complainant entered into a development agreement with M/s.Vibha Developers Pvt. Ltd.. As per the development agreement, inter alia, she was to get flat No.7. According to the complainant, the company fraudulently alienated the said flat. It is further the case of the complainant that accused was the Director of the said company. Hence offence is made out against him. 4. It is an admitted fact that the flat was alienated by agreement dated 19.4.2007. The learned APP has also admitted that the documents in the record in the office of the Registrar of Companies shows that the applicant retired as a Director of the said company on 4th August, 2003. Despite the fact that the investigation is going on since November, 2007, no material has been pointed out by the ..(3).. prosecution to show that the applicant was involved in any way in the alienation of flat No.7 on 19.4.2007. Looking to the material on record, I am inclined to grant anticipatory bail to the applicant. 5. In the event of arrest, the applicant - Shri Suresh Raghunath Ghangale to be released on bail in the sum of Rs.One Lakh with one or two sureties to make up the said amount. The applicant shall report to Hadapsar police station, for a period of eight days starting from 26th July, 2008 from 6:00 p.m. to 8:00 p.m., and thereafter as and when required, till conclusion of the trial. 6. Criminal Application is disposed of accordingly. (SMT.V.K.TAHILRAMANI,J.) (SMT.V.K.TAHILRAMANI,J.) (SMT.V.K.TAHILRAMANI,J.)