53. BA-2835-26 & 54. BA-2836-26.odt Amberkar IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION BAIL APPLICATION NO. 2835 OF 2026 Monali Harish Dixit .. Applicant (Accused No. 3) Versus State of Maharashtra .. Respondent WITH BAIL APPLICATION NO. 2836 OF 2026 Monali Harish Dixit .. Applicant (Accused No. 3) Versus State of Maharashtra .. Respondent ....................  Mr. Tabish Mooman a/w Mr. Nadeem Khan i/by S.N. Khan, Advocates for Applicant in BA 2835/26  Mr. Tabish Mooman a/w Mr. Raghav Shrivatsa, Advocates for Applicant in BA 2836/26  Mr. Yogesh M. Nakhwa, APP for State  Ms. Sarika Pimpare (IO), PI, CID, Nashik ................... CORAM : MILIND N. JADHAV, J. DATE : SEPTEMBER 23, 2026 P. C. : 1. Heard Mr. Mooman, learned Advocate for Applicant and Mr. Nakhwa, learned APP for State. 2. The above captioned two Bail Applications filed by the same accused who is the Applicant before me but in the separate crime. 1 of 5 53. BA-2835-26 & 54. BA-2836-26.odt 3. Bail Application No. 2835 of 2026 is filed under Section 483 of Bharatiya Nagarik Suraksha Sanhita, 2023 seeking Bail in connection with C.R. No. 16 of 2011 registered with the Deolali Camp Police Station for the offences punishable under Sections 409, 420 read with 34 of the Indian Penal Code, 1860 (for short "IPC") and Sections 3 & 4 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999. 4. Bail Application No. 2836 of 2026 is filed under Section 483 of Bharatiya Nagarik Suraksha Sanhita, 2023 seeking Bail in connection with C.R. No. 100 of 2011 registered with the Malegaon Taluka Police Station, District Nashik for the offences punishable under Sections 406, 409 & 420 read with 34 of the Indian Penal Code, 1860 (for short "IPC") and Sections 3 & 4 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999. 5. In all, six crimes have been registered out of which in four crimes, the Applicant has been granted anticipatory bail. In the present crimes, the Applicant has been incarcerated for the past 15 months. 6. On the previous date i.e. on 10.09.2026, this Court after hearing Mr. Shrivatsa, learned Advocate appearing for Applicant had passed a specific direction to the extent of showing the complicity of the Applicant in the present crime, and more specifically, confirm as per 2 of 5 53. BA-2835-26 & 54. BA-2836-26.odt the prosecution case that she had received Rs. 4 Lakhs in her personal account. 7. Learned APP has persuaded me to consider that notwithstanding the fact that the Applicant had received only 4 Lakhs in her personal account but the Applicant was a director of the Company which was headed by her husband and had collected substantial investments. There is no denial of the fact that insofar as the Applicant's personal account is concerned, she was a beneficiary of only up to Rs. 4 Lakhs. Admittedly, the record shows that the Applicant was a sleeping director of the Company and all decisions were taken by her husband who is the principal accused in the present case. Applicant is a woman. She already has undergone incarceration for more than 15 months. She has a minor daughter who is 16 years old and recently passed her 10th standard to whom she is required to provide care and support along with her elderly parent. The affidavit to that extent has been filed which is dated 16.09.2026. I have considered the same. 8. In view of my aforesaid prima facie observations, I am of the opinion that the Applicant deserves to be enlarged on bail. Hence, present Application is allowed on the following terms and conditions:- (i) Applicant is directed to be immediately released on bail from prison in connection with C.R. No. 16 of 2011 3 of 5 53. BA-2835-26 & 54. BA-2836-26.odt registered with Deolali Camp Police Station, District Nashik and C.R. No. 100 of 2011 registered with Malegaon Taluka Police Station, District Nashik (ii) Applicant is directed to be released on bail on furnishing P.R. Bond of Rs. 15,000/- (Rs. Fifteen Thousand only) i.e. Rs. 7500/- in each C.R. Number with one or two sureties in the like amount; (iii) Applicant shall report to the Investigating Officer at Deolali Camp Police Station once every month on the first Saturday of the month between 10:00 a.m. to 12:00 p.m.; (iv) Applicant shall report to the Investigating Officer at Malegaon Taluka Police Station once every month on the first Sunday of the month between 10:00 a.m. to 12:00 p.m.; (v) Applicant shall co-operate with the conduct of trial and attend the Trial Court on all dates, unless specifically exempted and will not take any unnecessary adjournments, if he does so it will entitle the prosecution to apply for revocation of this order; (vi) Applicant shall not leave the State of Maharashtra without prior permission of the Trial Court; 4 of 5 53. BA-2835-26 & 54. BA-2836-26.odt (vii) Applicant shall not influence any of the witnesses or tamper with the evidence in any manner; (viii)Applicant shall keep the Investigating Officer informed of her current address and mobile contact number and / or change of residence or mobile details, if any, from time to time, as applicable; and (ix) Any infraction of the conditions shall entail cancellation of bail granted to the Applicant. 9. Needless to state that the above observations will not come in the way of trial as they are prima facie in nature based on the submissions made and the material placed before this Court. 10. Both the Bail Applications are allowed and disposed of in the above terms. Amberkar [ MILIND N. JADHAV, J. ] 5 of 5 RAVINDRA MOHAN AMBERKAR Digitally signed by RAVINDRA MOHAN AMBERKAR Date: 2026.09.23 14:42:35 +0530