1 BA-262.11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE - CRIMINAL CRIMINAL APPLICATION NO.262 OF 2011 Vijay Ramchandra Dhanawade .... Applicant Vs. State of Maharashtra .... Respondent S/Shri P.K. Dhakephalkar with Jaydeep Deo for the Applicant. Ms G.P. Mulekar, APP, for the State. CORAM: R.C. CHAVAN, J. DATED: MARCH 28, 2011 P.C: This is an application for bail by the Secretary of Dombivali Urban Co-operative Credit Society. He allowed one Walawalkar to open 89 fictitious accounts with the Credit Society. He also signed a letter along with one Rathod, President of the Society, authorizing Walawalkar to collect the proceeds of cheques deposited by the Credit Society in Dombivali Urban Co-operative Bank. Several refund orders issued by the Income-tax Department in various names were credited in the account of the Dombivali Urban Co-operative Credit Society in which the applicant was the Secretary, by 2 BA-262.11 opening fictitious accounts. Those cheques were then presented for clearance to Dombivali Urban Co-operative Bank where the Credit Society had Account No.4002. Further, the proceeds of those refund orders were credit to Account No.4002 in Dombivali Urban Co-operative Bank. Walawalkar used to receive the amount on behalf of the Credit Society from the Bank. Walawalkar was supposed to pay Rs.500/- per account to the Credit Society, which amount the applicant, as the Secretary, is alleged to have received. The learned counsel for the applicant states that Walawalkar, who was the kingpin in the whole affair, has been admitted to bail by the trial Court itself. Therefore, there is no warrant to keep the applicant in jail pending the trial. The applicant be, therefore, released on bail in C.R. No.I-378 of 2010 of Mahatma Phule Nagar Police Station on his furnishing P.R. Bond in the sum of Rs.25,000/- with one or more solvent sureties in the sum aggregating to Rs.25,000/- on the condition that the applicant shall attend the police station concerned on the first Monday of every month in between 10:00 a.m. and 1:00 p.m. till the trial is over. The application accordingly stands disposed of. (R.C. CHAVAN, J.)