Madhav Kalyan Jagtap v. State of Maharashtra
Case brief
What is this about?
Anticipatory bail application rejected by Bombay High Court (N. R. Borkar, J.) in ABA No. 1141 of 2024; Crime No. 46/2024, Sahakarnagar Police Station, Pune; Sections 408, 420 r/w 34 IPC (criminal breach of trust, cheating, common intention); Sales Executive of Softhard Automation Pvt. Ltd. booked customers' orders in the name of Voltas Ltd. to misuse discounts; loss of Rs. 31,84,769/-; unexplained credit of about Rs. 8,00,000/- to wife's bank account; FIR alleged transfers to accounts of applicant's wife and friend, unaddressed in application; custodial interrogation pressed by A.P.P.; defence cited audit clearance 2018–2022 and no criminal antecedents; bail denied.
What did the court decide?
Although the FIR contains specific allegations of transfer of amounts into the bank accounts of the applicant's wife and friend, nothing was stated in respect of those allegations in the anticipatory bail application.