ANIKET ANIL MUJUMDARversusTHE STATE OF MAHARASHTRA

                                                             1                  902-ABA 1411-25.doc



                                     IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                           CRIMINAL APPELLATE JURISDICTION
                                     ANTICIPATORY BAIL APPLICATION NO.1411 OF 2025
                       Aniket Anil Mujumdar                            … Applicant
                             V/s.
                       The State of Maharashtra & Anr.              … Respondents
                                                            -----
                       Dr. Abhinav Chandrachud a/w Nilesh Pandey, Darshan Patankar a/w
                       Sameer Vispute i/by Nilesh Pandey for the Applicant.
                       Mr. V. N. Sagare, APP for Respondent No.1-State.
                       Mr. Harshwardhan M. Pawar a/w Padmasinh P. Patil for Respondent No. 2.
                       API I. V. Kokare, Dombivali PS is present.
                                                            -----
                                                       CORAM : N.R. BORKAR, J.
                                                       DATE       : 08TH JANUARY 2026
                       P.C. :
          Digitally
          signed by    1.       This is an Application for anticipatory bail.
          MUGDHA
MUGDHA    MANOJ
MANOJ     PARANJAPE
PARANJAPE Date:
          2026.01.12
          18:22:35
                       2.       The Applicant is apprehending his arrest in Crime No.265 of 2025
          +0530

                       registered with Dombivali Police Station for the offences punishable under
                       Sections 318(4), 316(2), 316(5), 3(5) of the Bharatiya Nyaya Sanhita,
                       2023 and Sections 3, 4 of the Maharashtra Protection of Interest of
                       Depositors (in Financial Establishments) Act, 1999.

                       3.       It is the case of the prosecution that the Applicant along with other
                       co-accused had promised the first informant and other investors good
                       returns on their investments and defrauded them to the tune of
                       Rs.2,93,80,000/-.

                       4.       Learned Counsel for the Applicant submits that the main allegations
                       are against the co-accused Sandesh Joshi. It is submitted that the
                       Applicant is also victim of the co-accused Sandesh Joshi. It is submitted


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that the custodial interrogation of the Applicant is not necessary and the
Applicant is ready and willing to cooperate in the investigation. Learned
Counsel for the Applicant, on instructions, submits that the Applicant,
without prejudice to his rights and contentions, is ready and willing to
deposit an amount of Rs.30,00,000/- within a period of six weeks. It is
submitted that there are no other criminal antecedents against the
Applicant.


5.         On the other hand, Learned APP for the Respondent-State and
Learned Counsel for Respondent No.2-first informant submit that the
Applicant has induced the investors to invest money through co-accused
Sandesh Joshi. It is submitted that the present Applicant and other co-
accused have defrauded the investors to the tune of Rs.2,93,80,000/-. It is
submitted that the present Applicant is the beneficiary of defrauded
amount. It is thus submitted that the Applicant may not be released on
anticipatory bail.


6.         I have perused the material on record. The main allegations are
against the co-accused Sandesh Joshi. Considering the overall facts and
circumstances and as the Applicant is ready to deposit an amount of
Rs.30,00,000/-, I am inclined to release him on anticipatory bail. Hence,
the following order:-
                                          ORDER

      i.    The Anticipatory Bail Application is allowed.

      ii. In the event of the arrest of the Applicant in Crime No.265 of
          2025 registered with Dombivali Police Station for the offences
          punishable under Sections 318(4), 316(2), 316(5), 3(5) of the


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            Bharatiya Nyaya Sanhita, 2023 and Sections 3, 4 of the
            Maharashtra Protection of Interest of Depositors (in Financial
            Establishments) Act, 1999, he shall be released on bail on
            furnishing a PR Bond in the sum of Rs.25,000/- (Rupees
            Twenty Five Thousand Only) with one or two sureties in the
            like amount.

      iii. The Applicant shall attend the concerned Police Station as and
           when called for by the investigating officer and shall co-
           operate in the further investigation, if any.

      iv. The Applicant shall deposit an amount of Rs.30,00,000/- with
          the Special Court within a period of six weeks.

      v.    Liberty is granted to the investors to file an application before
            the special/trial court for withdrawal of the said amount. If
            such application is filed, the special/trial court shall decide the
            same on its own merits.

7.         The Anticipatory Bail Application is disposed of in the aforesaid
terms.

                                                  (N.R. BORKAR, J.)




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