3-APL-984-2022.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CRIMINAL APPELLATE JURISDICTION

CRIMINAL APPLICATION NO. 984 OF 2021

Titan Company Limited (Formerly

Known As Titan Industries Limited)

Through Nirdosh J. Dhiyal

...Applicant

Versus

The State of Maharashtra And Anr.

...Respondents

….

Sheroy M. Bodhanwalla a/w Sakshi Sharma a/w Burjis Doctor i/by

M.S. Bodhanwalla And Co. Advocates and Solicitors, Advocate for the

Applicant.

Mr. Naveen Chomal, Advocate for Respondent No.2.

Mr. S.R. Agarkar, APP for the Respondent – State.

CORAM

:

PRAKASH D. NAIK, J.

DATE

:

21^st SEPTEMBER, 2022.

PER COURT

:

1.

The Applicant has challenged order dated 16^th August,

2021 passed below Exhibit-12 in RCC No.684 of 2012 by

Additional Chief Judicial Magistrate, Nashik rejecting the

application preferred by the applicant for interim custody of

articles.

2.

The Applicant and Respondent No.2, the authorized

partner of M/s. Valuable Jewels had entered into a Management

Agent Agreement dated 15^th December, 2004. The Respondent

No.2 was to stock and sell gold, diamond and silver ornaments and

other products owned by Applicant under the Applicant company’s

b