Parmeshwar Gulab Rathod v. The State Of Maharashtra

2024:BHC-AUG:30000 23-BA-1418-2024

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD 23 ANTICIPATORY BAIL APPLN NO. 1418 OF 2024 PARMESHWAR GULAB RATHOD

VERSUS

THE STATE OF MAHARASHTRA ...

Advocate for Applicant : Mr.S.S.Bora a/w. Adv.Rani Bharuka-Bora APP for Respondent : Mr.G.O.Wattamwar Advocate for Assist to P.P. : Mr.S.J.Naik ...

WITH CRIMINAL APPLICATION NO. 4454 OF 2024 IN ANTICIPATORY BAIL APPLN NO. 1418 OF 2024 ...

CORAM : ARUN R. PEDNEKER, J.

DATE : 16.12.2024 P.C. :

1] Heard. For the reasons stated in the Criminal Application No.4454 of 2024, the same is allowed. Criminal Application is disposed of accordingly.

2] Heard learned counsel for the applicant in Anticipatory Bail Application No.1418 of 2024 and the learned APP for the respondent-State.

23-BA-1418-2024 3] The applicant is apprehending arrest in connection with FIR No. 52/2024 dated 19.03.2024, registered at Beed City Police Station, Taluka & District Beed for the offences punishable under Sections 406, 409, 420, 468, 470 of Indian Penal Code, 1860 and under Sections 3 and 4 Maharashtra Protection of Interest of Depositors Act, 1999.

4] It is the case of the prosecution that the applicant has defrauded Laxmimata Urban Co-Operative Credit Society to the tune of Rs. 85,49,430/-. The alleged amount involved in the matter is large and the amount and gold misappropriated by the applicant are also to be recovered. The applicant at the relevant time was the Chairman of the said society. Considering the said fact, the custodial interrogation of the applicant is necessary in the matter. This is not a case for grant of anticipatory bail in favour of the applicant. Hence, the present application is dismissed.

[ARUN R. PEDNEKER] JUDGE K.Komal