Bombay High Court

NAMRATA VIJAYKUMAR KHOTversusSTATE OF MAHARASHTRA AND ANR.

Disposal: Allowed

Holding

The Court granted anticipatory bail to the applicant with specified conditions.

Summary

Dr. Namrata Vijaykumar Khot applied for anticipatory bail in connection with Crime No. 363 of 2024, charged under IPC sections 406, 420, and r/w 34, and Section 3 of the Maharashtra Protection of Interest of Depositors Act, 1999. An interim bail had been granted earlier, and the applicant cooperated with the investigation, appearing before the investigating officer as required. The State opposed the application, citing the large unrecovered amount involved, while the intervenor also objected. The Court noted that a co‑accused had already been granted regular bail and found no necessity for custodial interrogation of the applicant. Consequently, the anticipatory bail was allowed, confirming the earlier interim bail conditions and adding a further condition that the applicant must continue to appear before the investigating officer as required.

Issues considered

Whether anticipatory bail should be granted to the applicant under the charges specified
Whether custodial interrogation of the applicant is necessary in view of her cooperation
Whether the conditions imposed are sufficient to ensure compliance with the investigation

Legislation cited

Indian Penal Code, 1860 — s. 34, 406, 420
Maharashtra Protection of Interest of Depositors (M.P.I.D.) Act, 1999 — s. 3

Subjects

anticipatory bail
IPC 406
IPC 420
M.P.I.D. Act
bail conditions
criminal procedure

Judgment

27-ABA-334-2026 (CR).docx

IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CIRCUIT BENCH AT KOLHAPUR

CRIMINAL APPELLATE JURISDICTION

CR. ANTICIPATORY BAIL APPLN. NO. 334 OF 2026

Dr. Namrata Vijaykumar Khot … Applicant
Versus.
The State of Maharashtra & Anr. … Respondents

-----
Mr. Ramanik Pawar a/w. Ms. Puja Deshmukh & Mr. Nadeem Saudagar i/b.
Mr. Parvej N. Nadaf, for the Applicant.
Dr. A.A. Takalkar, A.P.P. for the Respondent Nos.1 & 2-State.
Mr. Umesh Pawar for the Intervenor.
Officer : API Ms. Vibhavari N. Relekar, Ishwarpur Police Station, present.

-------

Coram : ASHWIN D. BHOBE, J.

Date : 7th September 2026.

PER COURT :

1. Heard, Mr. Ramanik Pawar, learned Advocate for the Applicant, Dr.

Takalkar, learned A.P.P. for the Respondents-State and Mr. Umesh Pawar,

learned Advocate for the Intervenor.

2. By the present Application, the Applicant has sought the following

substantive reliefs :

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“(a) This Hon'ble Court be pleased to direct the SI of ishawarpur
police station release the Applicant/ Original Accused No.2 on
certain terms and condition on bail in connection with of C.R. No.
363 of 2024 registered at Islampur Police Station, District: Sangli,
lodged U/s. 406, 420 & R/w. 34 of the Indian Penal Code 1860
and U/s. 3 of M.P.I.D. Act 1999 in Special Case No 11 of 2025, on
such terms and conditions as deem fit and proper;”

3. Vide order dated 24th August 2026, the Applicant was granted interim

bail on the conditions mentioned in paragraph No. 8 (i), (ii), (iii), (iv) & (v).

4. Mr. Ramanik Pawar, learned Advocate for the Applicant, states that the

Applicant has cooperated with the investigation in Crime No. 363 of 2024

and has appeared before the Investigating Officer on the dates fixed in para

No. 8(ii) of the interim bail granted to the Applicant vide order dated 24 th

August 2026 passed in this Application.

5. Dr. A. A. Takalkar, learned A.P.P. for the Respondents-State, on

instructions from the Investigating Officer, states that the Applicant has

appeared before the Investigating Officer on the dates fixed in para No. 8(ii)

of the order dated 24th August 2026.

6. Mr. Umesh Pawar, learned Advocate for the Intervenor, states that the

subject matter of Crime No. 363 of 2024 involves a huge amount. He submits

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that the said amount has not yet been recovered, therefore, he opposes this

Anticipatory Bail Application.

7. Perused the record with the assistance of the learned Advocates.

8. The Applicant is a woman.

9. Considering the nature of the allegations against the Applicant and the

peculiar circumstances of the present case, particularly the fact that Accused

No. 1 in Crime No. 363 of 2024, against whom identical allegations are

made, has been granted Regular bail by this Court and further that the

Applicant has appeared before the Investigating Officer on the dates fixed

and has cooperated in the investigation, as submitted by Mr. Ramanik Pawar,

learned Advocate for the Applicant, the custodial interrogation of the

Applicant is not necessary.

10. At this stage, Dr. A. A. Takalkar, learned A.P.P., submits that the

Applicant be directed to appear before the Investigating Officer in Crime No.

363 of 2024, as and when required and to cooperate with the investigation.

11. Mr. Ramanik Pawar, learned Advocate for the Applicant, states that the

Applicant shall appear before the Investigating Officer as and when required

by him and shall cooperate with the investigation in Crime No. 363 of 2024.

12. In view of the above, this Anticipatory Bail Application is allowed.

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13. The order dated 24th August 2026 passed in this Application is

confirmed. The conditions Nos.8 (i), (ii), (iii), (iv) & (v) are made absolute

with the following additional condition:-

ADDITIONAL CONDITION :-

(a) The Applicant shall appear before the Investigating Officer as

and when required by the Investigating Officer in Crime No.

363 of 2024, registered with Islampur Police Station, District

Sangli and cooperate with the Investigating Officer.

14. Anticipatory Bail Application No. 334 of 2026 is allowed.

[ ASHWIN D. BHOBE, J. ]

Digitally signed
by OMKAR
SHIVAHAR
OMKAR KUMBHAKARN
SHIVAHAR
KUMBHAKARN Date:
2026.09.07
20:31:52
+0530

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