Nilesh Dipak Naik v. Jaidev K Ayer

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CRIMINAL APPELLATE JURISDICTION INTERIM APPLICATION NO. 1191 OF 2026 IN CRIMINAL REVISION APPLICATION NO. 178 OF 2026 along with INTERIM APPLICATION NO. 1195 OF 2026 IN CRIMINAL REVISION APPLICATION NO. 179 OF 2026 along with INTERIM APPLICATION NO. 1196 OF 2026 IN CRIMINAL REVISION APPLICATION NO. 180 OF 2026 along with INTERIM APPLICATION NO. 1197 OF 2026 IN CRIMINAL REVISION APPLICATION NO.183 OF 2026 along with INTERIM APPLICATION NO. 1198 OF 2026 IN CRIMINAL REVISION APPLICATION NO.182 OF 2026 along with INTERIM APPLICATION NO. 1199 OF 2026 IN CRIMINAL REVISION APPLICATION NO.181 OF 2026 Nilesh Dipak Naik

VERSUS

Jaidev K Ayer and anr.

_________________________________________________________________ Mr. Girish Kulkarni i/b. Mr. S. B. Rao, Advocate for Applicant. Mr. M. G. Patil, APP for Respondent No.2-State in Interim Application No. 1195 of 2026.

Mr. Prashant P. Jadhav, APP for Respondent No.2-State in Interim Application No. 1196 of 2026.

Digitally signed by SHUBHADA SHANKAR KADAM Date:

2026.04.10 12:57:00 +0530 SHUBHADA SHANKAR KADAM

Mr. S. R. Agarkar, APP for Respondent No.2-State in Interim Application No. 1197 of 2026.

Ms. Kranti Hivrale, APP for Respondent No.2-State in Interim Application No. 1198 of 2026.

Mr. S. S. Pednekar, APP for Respondent No.2-State in Interim Application Nos. 1191 and 1199 of 2026.

_________________________________________________________________

CORAM

: SHIVKUMAR DIGE, J.

DATE : 10th APRIL, 2026.

P.C. :

1.

The issues involved in all these applications is the same, hence, I am deciding these applications by this common order. 2.

Learned senior counsel for the applicant submits that there 11 cheques issued by the applicant of Rs.3,00,000/- each. The total cheque amount comes to Rs.33,00,000/-. Out of Rs.33,00,000/-, the applicant has deposited Rs.13,20,000/- before the Trial Court as per the order of the Appellate Court. The said amount has already been withdrawn by respondent No.1. The applicant is ready to deposit Rs.10,00,000/- during the course of the day. The applicant is behind bars for around 7 days from 4th April 2026. During the trial, the applicant was on bail and requested to suspend the sentence and grant bail to the applicant. 3.

I have heard learned senior counsel for the applicant and learned APP for respondent No.2-State.

4.

There are concurrent findings against the applicant. The applicant is convicted for the offence punishable under Section 138 of the Negotiable

Instrument Act in each matter and sentenced to suffer simple imprisonment and pay total compensation of Rs.66,00,000/-. Out of the cheque amount, the applicant has deposited Rs.13,20,000/- before the Trial Court. The said amount has been withdrawn by respondent No.1. The applicant is ready to deposit Rs.10,00,000/- before this Court during the course of the day and he is ready to deposit the remaining cheque amount within four weeks from today. During the trial, the applicant was on bail, he has not misused the liberty. Considering these facts, I pass following order :

O R D E R

1.

The applicant be enlarged on cash bail of Rs.20,000/- with P.R.Bond of the same amount to the satisfaction of the Trial Court in connection with Complaint bearing CC.Nos.437/SS/2017, 497/SS/2017, 5/SS/2018, 40/SS/2018, 156/SS/2018 and 193/SS/2018.

2.

The applicant shall furnish one or two sureties in the amount of Rs.20,000/- within two months, after his release on bail. 3.

Leave is granted to deposit Rs.10,00,000/- before this Court during the course of the day.

The interim applications stand disposed of in above terms. 6.

All concerned to act on the authenticated copy of this order. (SHIVKUMAR DIGE, J.)