1 FARAD CONTINUATION SHEET NO. IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE, BENCH AT AURANGABAD CRIMINAL APPLICATION NO.2570/2009. ----------------------------------------------------------------------------------------------------------- Office notes, office Memoranda of Coram,appearances, Court’s orders Court’s or Judge’s orders. or directions and Registrar’s orders ----------------------------------------------------------------------------------------------------------- Mrs.SS Jadhav, Advocate for applicant; Mr.KM Suryawanshi, APP for State. ___ CORAM : K.U.CHANDIWAL, J. DATE : 17 th August,2009. 1. Heard learned Counsel for the applicant/accused and learned APP. 2. The applicant/accused is a clerk (In- charge of Pigmy department of the bank). The applicant/accused has received term loan by virtue of Resolution No.6 dated 16.3.2007, amounting to Rs.5,00,000/. He was not eligible to do so in the light of Service Rules. As per Service Rule 25(A)(B), the maximum financial benefit which he could be extended is Rs. 2,50,000/-. That apart, the applicant/accused has availed loan of Rs.4,25,000/- in the name of his wife, which is not paid. Such disbursement is also not in terms of the Rules. There are other allegations of excess increase of limits for temporary period to the borrowers not eligible to enjoy such 2 facilities. 3. Taking survey of all the facts, custodial interrogation of the applicant/accused will unearth the details of scam played by him with coordination of other directors and then Chairman of the Bank. Hence, the application is rejected. ( K.U.CHANDIWAL ) JUDGE bdv/cran2570.09