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BOMBAY HIGH COURT
SMT. BHARATI DANGRE, J
Kishor Devidas Bhosale – Appellant
Versus
The State of Maharashtra – Respondent
| Table of Content |
|---|
| 1. bail applications filed collectively for similar allegations. (Para 1) |
| 2. allegations of a misappropriation scheme targeting rural women. (Para 2 , 3 , 4) |
| 3. investigation details and accused involvement. (Para 5 , 6) |
| 4. defense arguments regarding mpid applicability. (Para 7) |
| 5. court's finding on the applicability of mpid act to the society involved. (Para 8 , 9 , 10 , 11 , 12) |
1. All these three Bail Applications are filed by the same Applicant seeking his release in three distinct CRs, two of which are registered with Baramati City Police Station and one registered with Phaltan Police Station, thereby invoking Sections 4 06, 409, 420, 467, 468 read with Section 3 4 of the Indian Penal Code (“IPC”) and Sections 3 and 4 of the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999 (“the MPID Act”). The two cases registered with Baramati City Police Station have culminated into Special MPID Case Nos.1 and 2 of 2019. Since the nature of accusations faced by the Applicant is similar in nature in all the three CRs, the Applications were tagged together and argued collectively by learned counsel for the Applicant and learned A.P.P. The A
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