930-ABA-2714-2026.DOC IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION ANTICIPATORY BAIL APPLICATION NO.2714 OF 2026 Vinod Gitaram Daund …Applicant Versus The State of Maharashtra …Respondent Mr. Rudra Tibhe, for the Applicant. Mr. Swapnil V. Walve, APP, for the Respondent-State. CORAM: MADHAV J. JAMDAR, J. DATED : 30th SEPTEMBER 2026 PC:- 1. Heard Mr. Tibhe, learned Counsel appearing for the Applicant and Mr. Walve, learned APP appearing for the Respondent-State. 2. This application is filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (“BNSS”) seeking pre-arrest bail in connection with C.R. No.594 of 2026 registered with Ambad Police Station, Nashik, for the offences punishable under Sections 3 and 4 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999 (“MPID Act”)and under Page 1 Sonali 930-ABA-2714-2026.DOC Sections 3(5), 318(4), 351(2) and 352 of the Bharatiya Nyaya Sanhita, 2023 (“BNS”). 3. The relevant details are as under: 1. Name and Age of the Applicant Vinod Gitaram Daund Age-36 years 2. C.R. No. 594 of 2026 3. Police Station Ambad 4. Date of Incident 01/01/2024 to 12/07/2026 5. Date of Registration of F.I.R. 13/07/2026 6. Sections applied in F.I.R. 318(4), 351(2), 352, 3(5) of the BNS. 7. Date of Arrest of co-accused 10/09/2026 8. Date of filing of Charge-sheet, if any. - 9. Sections applied in Charge-sheet 10. Any Special Statute invoked Sections 3 and 4 of the MPID Act. 11. Total number & Age of Deceased/Victim One Complaiant Age-23 years 12. Total Number of Accused Three 13. Anticipatory Bail/Regular Bail granted to any other Accused None 4. It is the contention of learned Counsel appearing for the Applicant that the only allegation against the Applicant is that he has abused the First Informant. He submits that there is one more Page 2 Sonali 930-ABA-2714-2026.DOC C.R. No.412 of 2026 registered with Ambad Police Station, Nashik, by making same allegations, in which this Court granted anticipatory bail by order dated 19th August 2026 passed in Anticipatory Bail Application No.2119 of 2026. 5. On the other hand, learned APP strongly opposes the Anticipatory Bail Application. He states that there are criminal antecedents against the Applicant. 6. Learned Counsel appearing for the Applicant states that the criminal antecedent is of similar nature and is disclosed in the Anticipatory Bail Application. 7. The prosecution case is set out in paragraph No.2 of the order dated 8th September 2026, passed by the learned Additional Sessions Judge, Nashik, in Criminal Bail Application No.1703 of 2026, which reads as under: “2] The case of the prosecution, in short, is that informant Vrushali Kathvate lodged the report and alleged that she had been to the house of neighbour Geeta Mali. 4 to 5 women were present there and one another woman addressing them. Geeta Mali told name of said woman as Sai Page 3 Sonali 930-ABA-2714-2026.DOC Rajendra Bodake. The informant also started listening Sai Bodake. At that time, Sai Bodake told her that she is working for Arihant Mico Finance, Chennai i.e. the Finance company and said company used to provide loan upto Rs.1.20 Crore to the needy person for business and the repayment thereof has to be made for only 6 months at the rate of Rs. 10,000/- per month only and the remaining loan will be waived. If a needy is widow woman then she will not be required to pay a single installment and the entire loan will be waived. She was also told that if amount is invested in their company then the return will be upto 8 to 10%. However, for the purposes of sanctioning the loan and to prepare documents thereof some money will be required for its expenditure. So many women took loan and started their business. So many investor have also started getting regular returns. A document will be provided towards investment. She had also shown the companies documents. She gained trust. Thereafter, Sai Bodake again and again started making phone call to her and made a representation for more returns and for earlier sanction of loan. As such, the informant decided to take the loan from said company and to invest money therein. Sai Bodake called her St. Xavier School, Nashik and asked her to make some payment to prepare documents. The informant from time to time has made payment to Sai Bodake. She also told to the informant that there is some problem in making payment in the account of company and instructed her to make payment on her phone pay and she will transmit money to the company. The informant therefore from time to time also made payment on phone pay of Sai Bodake. After some time informant inquired in respect of returns of the invested amount as well as sanction of loan. She was given understanding to wait for some time and also given assurance. Despite after considerable Page 4 Sonali 930-ABA-2714-2026.DOC time, there was no progress either in the return or sanction of loan. The informant was also threatened when made inquiry about it. The other women have also been cheated in the same fashion. The informant has also not been given documents of investment in the company.” 8. Thus, even as per the prosecution case, the only allegation against the present Applicant is that he has abused the First Informant and the Applicant is accused No.3. The main allegations are against accused Nos.1 and 2. 9. Accordingly, the case is made out for grant of Anticipatory Bail. In view thereof, the following order is passed: O R D E R (a) In the event of arrest of the Applicant-Vinod Gitaram Daund in connection with C.R. No.594 of 2026 registered with the Ambad Police Station, Nashik, the Applicant is directed to be released on bail on his furnishing P.R. Bond in the sum of Rs.30,000/- with one or two solvent sureties in the like amount. (b) The Applicant shall attend the concerned Police Station as and when called by the Investigating Officer and shall cooperate with the investigation. Page 5 Sonali 930-ABA-2714-2026.DOC (c) The Applicant shall furnish his cell phone number and residential address to the Investigating Officer and shall keep the same updated, in case of any change thereto. (d) The Applicant shall not directly or indirectly make any inducement, threat, or promise to any person acquainted with the facts of the case so as to dissuade such a person from disclosing the facts to the Court or to any Police personnel. (e) The Applicant shall not tamper with the prosecution evidence and shall not contact or influence the Complainant or any witness in any manner. 10. The Anticipatory Bail Application is disposed of accordingly. [MADHAV J. JAMDAR, J.] Page 6 Sonali SONALI MILIND PATIL Digitally signed by SONALI MILIND PATIL Date: 2026.09.30 18:06:40 +0530