Uday Rameshwar Waghmare v. State of Maharashtra

What is this about?

Regular bail ALLOWED by Bombay High Court (N. R. Borkar, J., 05.05.2025) in Bail Application No.4031 of 2024 for Uday Rameshwar Waghmare, Accused No.7, in Crime No.198/2021, Mumbai Naka Police Station, Nashik (IPC Sections 302, 120-B, 279, 337, 338, 304, 417, 419, 420, 465, 471 read with Section 34; Motor Vehicle Act Sections 184 and 134/187). Prosecution case: multiple insurance policies worth Rs.4 Crore taken in the name of the deceased driver; conspiracy to murder him to avail policy benefits; death staged as a road accident by iron-rod assault followed by the vehicle running over him; insurance benefit of Rs.4,07,00,926/- allegedly availed through forged documents. Court's grounds: prima facie applicant not a beneficiary of the insurance amount; two years' incarceration; no other criminal antecedents. Terms: P.R. Bond Rs.25,000/- with one or two sureties in the like amount; monthly police-station reporting on the first Saturday (11:00 a.m. to 1:00 p.m.) till conclusion of trial. Search keywords: regular bail; murder for insurance; insurance conspiracy; staged road accident; forged documents; Accused No.7; two-year custody; no criminal antecedents; prima facie not beneficiary; P.R. Bond Rs.25,000; first-Saturday police reporting.