Disposed

Poonam Arjun Bhalerao v. State of Maharashtra

Bombay HC6 Mar 2024BA/2040/2023

Case brief

AI extract

What is this about?

Bail application under IPC cheating/breach of trust and MPID Act charges. The court expressed disinclination to grant bail; the applicant withdrew the application with liberty to file a fresh one after nine months if trial progress was insubstantial.

What did the court decide?

Application allowed to be withdrawn as disposed, with liberty to file fresh bail application after 9 months if no substantial progress in trial.

Poonam Arjun Bhalerao Vs State of Maharashtra — Cheating and Forgery | Bombay HC (2024)

¶1

13-BA-2040-2023.DOC

¶2

2024:BHC-AS:10961

¶3

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

¶4

CRIMINAL APPELLATE JURISDICTION

¶5

CRIMINAL BAIL APPLICATION NO.2040 OF 2023

¶6

Poonam Arjun Bhalerao…Applicant
Versus

¶7

The State of Maharashtra & Anr. …Respondents

¶8

Mr. Aniket Vagal a/w. Ms. Savvy Kolhekar, Mr. Kunal Pednekar and
Mr. Divesh Mehani, Advocates for the Applicant.
Mr. Shriram S. Chaudhari, APP for the Respondent-State.
Mr. Aditya Parmar, Amicus Curiae.

¶9

CORAM: MADHAV J. JAMDAR, J. DATED : 6^th MARCH 2024

¶10

PC:-

¶11

1. By order dated 8^th February 2024, this Court has appointed

¶12

Mr. Aditya Parmar, as Amicus Curiae to represent the interest of
depositors, as the F.I.R. is lodged under Sections 409, 420, 406
read with 34 of the Indian Penal Code, 1860 and Sections 3 and 4
of the Maharashtra Protection of Interest of Depositors (in
Financial Establishments) Act, 1999.

¶13

2. Heard Mr. Vagal, learned Counsel for the Applicant, Mr.

¶14

Chaudhari, learned APP for the Respondent-State and Mr. Aditya
Parmar, learned Amicus Curiae.

¶15

Page 1 of 2

¶16

Sonali

¶17

13-BA-2040-2023.DOC

¶18

3.After hearing the arguments of all the learned Counsels, this
Court has expressed disinclination to grant bail, on instructions,
Mr. Aniket Vagal, learned Counsel for the Applicant seeks
withdrawal of the Criminal Bail Application with liberty to file a
fresh Bail Application after a period of 9 months, if there is no
substantial progress in the trial.

¶19

4. Accordingly, the Criminal Bail Application is allowed to be

¶20

withdrawn and disposed of as such with liberty to file a fresh Bail
Application after a period of 9 months, if there is no substantial
progress in the trial.

¶21

5.This Court places on record an appreciation of the assistance
rendered by Mr. Aditya Parmar, learned Counsel appointed to
represent the interest of the depositors. His professional fees be
paid as per rules and his name be included in the panel of High
Court Legal Services Committee, Mumbai.

¶22

[MADHAV J. JAMDAR, J.]

¶23

Signed by: Sonali Patil Designation: PA To Honourable Judge Date: 06/03/2024 18:41:34 Sonali

¶24

Page 2 of 2

Poonam Arjun Bhalerao v. State of Maharashtra

Case brief

What is this about?

What did the court decide?

Poonam Arjun Bhalerao v. State of Maharashtra

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

Similar cases

Revanath Selvaraj Vs State of Maharashtra

Kiran Laxman Madane Vs State of Maharashtra

Dipak Rajendra Chavan Vs the State of Maharashtra

The Abhyudaya Co-Operative Bank Employees Union vs Kishor Tukaram Kadam

Chandan Suraj Jaiswar and Anr. vs the State of Maharashtra and Ors.

Sanjay Sambhajirao Ghule and Ors. vs Shilpa Sanjay Ghule and Anr.