ORDER :

1. Since both the captioned applications are arising out the common F.I.R., those were heard analogously and are being disposed of by this common order.

2. These applications have been filed under section 439 of the Code of Criminal Procedure for regular bail in connection with the F.I.R. being C.R.No.11203004220360 of 2022 registered with ‘C’ Division Junagadh Police Station, District - Junagadh, for offences punishable under sections-409, 420 r/ w.114 of I.P.C. and Section-3 of G.P.I.D. Act.

3. Heard Mr. Nirupam Nanavati, learned senior counsel alongwith Mr. Jagdish Satapara, learned advocate appearing for the applicants and Mr. Pranav Trivedi, learned APP appearing for the respondent – State.

4. Mr. Nanavati, learned senior counsel for the applicants submits that E.S.P.N. Global Company is situated at Dubai, which is not accused in the matter and accordingly, the applicant of Cri.M.A. No.15859 of 2022 had become the agent and he had himself invested in the company. As per the scheme of E.S.P.N. Global Company, the person who become the agent after his investment would receive profit on its returns and as promised by the Company, the commission would be paid in the member’s a