Yuvraj Balkrushna Patil v. State of Maharashtra
Regular bail – Economic offence – Share-market investment fraud – Restitution to victims
Case brief
What is this about?
Bail granted; Bombay HC Criminal Appellate; Dige J; 13-02-2026; Bail Application No. 5419 of 2024; Crime No. 54 of 2023; Devlali Camp Police Station Nashik; IPC 406, 409, 420 r/w 34, 120B; Maharashtra Protection of Interest of Depositor Act Sections 3 and 4; share-market investment scam Feb 2020-Aug 2020; cheating of first informant and investors; alleged loss printed as Rs.1,5300,000/- (normalised Rs.1,53,00,000); restitution of more than Rs.69,00,000/- to investors; Rs.8,00,000/- deposited before trial Court; custody over one year ten months; no antecedents; PR bond Rs.25,000/- with one or two solvent sureties; conditions against tampering with evidence and influencing witnesses; attendance at police station; trial Court to decide uninfluenced. Caution: document caption heading, page footers and digital-signature block carry the name VAISHALI ANIL TIKAM, whereas the body and operative order identify the Applicant as Yuvraj Balkrushna Patil - flagged for verification against the official PDF.