MILIND SATISH SAWANT vs THE STATE OF MAHARASHTRA

ba-1175-2025-Final.doc AGK IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION BAIL APPLICATION NO.1175 OF 2025 Milind Satish Sawant, Age 40 years, Occupation Business R/o. Room No.204, 2nd Floor, Goodwill Building, Sector 12, Koparkhairane, Navi Mumbai 400 709 (Presently in custody and lodged and detained in Alibaug District Prison, Raigad) … Applicant V/s. ATUL GANESH The State of Maharashtra, KULKARNI 1. By the present bail application filed under Section 439 of the Code of Criminal Procedure, 1973 (hereinafter referred to as "Cr.P.C."), the applicant is seeking the relief of regular bail in 1 ba-1175-2025-Final.doc connection with Crime Register No. 52 of 2022, registered at Bhandup Police Station. The said crime has been registered for offences punishable under Sections 406, 409, 420 read with Sections 34 and 120-B of the Indian Penal Code (for short “IPC”), as well as under Sections 3 and 4 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999 (for short “MPID Act”). 2. The prosecution case, in brief, is that the original complainant, a resident of Badlapur and working with the Brihanmumbai Municipal Corporation,