IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION
CRIMINAL BAIL APPLICATION NO. 1562 OF 2021

ASHOKKUMAR SACHIDANAND MOHANTI ….APPLICANT

V/s.

THE SR. INSPECTOR OF POLICE GENERAL CHEATING 1 EOW
MUMBAI AND ANR …..RESPONDENTS

WITH
INTERIM APPLICATION NO. 2639 OF 2021
IN CRIMINAL BAIL APPLICATION NO. 1562 OF 2021

JAYESH GHANSHYAM PATEL …..APPLICANT
IN THE MATTER BETWEEN

ASHOKKUMAR SACHIDANAND MOHANTI….APPLICANT

V/s.

THE SR. INSPECTOR OF POLICE GENERAL CHEATING 1 EOW MUMBAI AND ANR …..RESPONDENTS

Mr. Dinesh Tiwari a/w Mikhail Dey, Ishani Pal, Sukrut Mhatre i/b Mr. Dinesh Tiwari and Associates

Mr. Ajay Patil APP for the State

None for intervener

CORAM : NITIN W. SAMBRE, J.

DATE: DECEMBER 22, 2021.

P.C.:
1] Applicant is seeking bail in C.R. No. 17/2017 registered with respondent Police Station for offence punishable under Sections 406, 409, 420, 464, 467, 468, 120-B of the Indian Penal Code.

2] The role attributed to the applicant is, recommending the loan proposal without proper scrutiny as per S.O.P. of the bank.

3] Admittedly, applicant at the relevant time was armed with authority to sanction the loan claim of about Rs. 4 Crores. The fact remains that applicant only recommended the proposal and has not sanctioned the same. Since last more than one year, he has suffered incarceration.

4] In that view of the matter, prayer for bail can be granted.

(i) Applicant be released on bail in C.R. No. 17/2017 registered with respondent Police Station for offence punishable under Sections 406, 409, 420, 464, 467, 468, 120-B of the Indian Penal Code upon furnishing P.R. bond in the sum of Rs. 25,000/- with one or more sureties in the like amount.

(ii) Applicant shall neither influence the prosecution witnesses in any manner nor tamper with the evidence.

5] Application stands disposed of.

6] In view of disposal of bail application, intervention application stands disposed of.

[NITIN W. SAMBRE, J.]