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[Cites 3, Cited by 0]

Bombay High Court

Saddam Nasir Shaikh vs The State Of Maharashtra on 14 March, 2022

Author: M.G. Sewlikar

Bench: M.G. Sewlikar

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         IN THE HIGH COURT OF JUDICATURE OF BOMBAY
                     BENCH AT AURANGABAD

                      BAIL APPLICATION NO. 192 OF 2022

Saddam Nasir Shaikh                                         Applicant

       Versus

The State of Maharashtra                                    Respondent

Mr. Shaikh Ashraf Patel, Advocate for the applicant.
Mr. A. A. Jagatkar, APP for respondent/State.

                                 CORAM : M.G. Sewlikar, J.

                                 DATE     : 14th MARCH, 2022.


PER COURT :


1.              This is an application under Section 439 of the Code of

Criminal Procedure for releasing the applicant on bail in connection

with Crime No. 0290/2021 registered with Tuljapur Police Station,

District Osmanabad, for the offence punishable under Sections 420,

511 read with Section 34 of the Indian Penal Code.



2.              It is alleged in the First Information Report that one

Rashid Alladin Nadaf had gone to ICICI Bank, Tuljapur Branch,

Naldurg Road, Tuljapur, for taking loan by hypothicating gold. The

Goldsmith by the name of Anil Kalidas Mahamuni was summoned.




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He tested the gold and found that it was fake gold. It was revealed

during interrogation of Rashid Nadaf that the said gold was given to

him by applicant Saddam Nasir Shaikh. When a call was made to

applicant Saddam Nasir Shaikh, he answered that the gold was given

to Rashid Nadaf by him only and he had taken loan from the ICICI

Bank for six times.             Suspecting that the gold hypothicated by

applicant Saddam Shaikh might be fake, gold audit was ordered. In

the audit, it was found that applicant had obtained loan by

hypothicating fake gold twice. Accordingly, First Information Report

came to be lodged against the applicant.



3.              Shri Shaikh Ashraf Patel, learned counsel for the

applicant submits that while advancing loan, gold was tested by ICICI

Bank and a certifcate was issued that the gold was genuine. He

submits that if the gold had been fake, at the time of testing, it would

have been revealed.



4.              Learned APP Shri Jagatkar submits that on conducting

audit it was found that it was a fake gold.




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5.              Charge-sheet is fled.          In the charge-sheet, Inventory-

Cum-Appraiser's Certifcate              is produced indicating therein that

applicant had hypothicated a locket or pendent of 85.30 gms gross

weight and 85 gms net weight and amount of Rs.2,63,755/- was

advanced. Value of gold was assessed at Rs. 3,51,673/-.



6.              From the above certifcate, it appears that at the time of

advancing loan, the gold was tested and it was found to be genuine

and its value was found to be Rs. 3,51,673/-.                   it would be clear

during trial as to how subsequently, the gold was found to be fake.

On the basis of the certifcate issued by ICICI Bank itself, indicating

therein that the gold was not fake, liberty of the applicant cannot be

curtailed for an indefnite period. In the case of Sushila Aggarwal vs.

State of (NCT of Delhi), reported in (2020) 5 SCC 1, the Honourable

Supreme Court has held that while considering an application for

bail the court has to consider the nature of the offence, the role of

the   person,       the    likelihood   of   his   infuencing      the     course       of

investigation, or tampering with evidence and likelihood of feeing

justice.     Moreover, the offence is triable by Magistrate and it is

punishable with imprisonment for seven years. Applicant is behind

bars for more than six months. He has no criminal antecedents. He




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is not likely to fee from justice.            In view of this, I am inclined to

release the applicant on bail. Hence the following order :-

                                        ORDER
         i)      Application is allowed.


         ii)     Applicant        be    released         on      PR      Bond        of

Rs. 20,000/- (Rs. Twenty Thousand) with one solvent surety in the like amount in connection with Crime No. 0290/2021 registered with Tuljapur Police Station, District Osmanabad, for the offence punishable under Section 420, 511 read with Section 34 of the Indian Penal Code, on following conditions :-

a) He shall furnish his mobile number and residential address to the concerned police station and shall also inform change of mobile number or residential address to the concerned police station.
b) He shall deposit his passport, if any, with the concerned police station.
c) He shall attend the concerned police station twice in a month i.e. on every second and fourth Sunday between 12.00 noon and 4.00 pm, till the conclusion of the trial.
iii) Application stands disposed of.
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ba192.22.odt

iv) It is clarifed that the observations made in the above order are restricted to the decision of this application only and the trial Court shall not get infuenced by the same and can come to its independent conclusion during trial.

( M. G. SEWLIKAR ) Judge dyb ::: Uploaded on - 16/03/2022 ::: Downloaded on - 17/03/2022 01:02:16 :::