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J. J. Gowda vs Central Bureau Of Investigation ...
2023 Latest Caselaw 1159 Bom

Citation : 2023 Latest Caselaw 1159 Bom
Judgement Date : 3 February, 2023

Bombay High Court
J. J. Gowda vs Central Bureau Of Investigation ... on 3 February, 2023
Bench: S. V. Kotwal
                            :1:                       8-i.ia-362-23.odt

        IN THE HIGH COURT OF JUDICATURE AT BOMBAY
             CRIMINAL APPELLATE JURISDICTION

               INTERIM APPLICATION NO.362 OF 2023
                               IN
                 CRIMINAL APPEAL NO.78 OF 2023

J.J. Gowda                                        ..... Applicant
           Versus
Central Bureau of Investigation & Anr.            .... Respondents

                            -----
Mr. Murtaza M. Khokhawala, Advocate a/w. Megha Puralkar,
for the Applicant.
Mr. Kuldeep S. Patil, Counsel a/w. Nikhil G. Hire, for
Respondent No.1-CBI.
Smt.M.R. Tidke, APP for the Respondent No.2-State.
                            -----

                                  CORAM : SARANG V. KOTWAL, J.
                                  DATE : 3rd FEBRUARY, 2023

P.C. :

1.               This is an application for bail pending final

disposal of the applicant's Criminal Appeal No.78/2023.


2.               The applicant was convicted and sentenced by

the Special Judge (CBI) for Greater Bombay vide his

judgment and order dated 20.12.2022 passed in CBI Special

Case No.9/2001.         The applicant was the original accused

No.1.          He was convicted for commission of offences
                                                                 1 of 4

Deshmane(PS)
                         :2:                        8-i.ia-362-23.odt

punishable under Section 120B read with 420 & Section 409

of IPC and under Section 13(1)(d) read with 13(2) of the

Prevention of Corruption Act, 1988.      The major sentence

imposed on him was RI for one year besides imposition of

fine. There was another accused i.e. accused No.2 Ashok

Solanki. He was convicted and sentenced under different

counts.


3.         Heard Mr. Murtaza Khokhawala, learned counsel

for the applicant, Shri Kuldeep Patil, learned counsel for the

respondent No.1-CBI and Smt.M.R. Tidke, learned APP for

the respondent No.2-State.


4.         Learned counsel for the applicant submitted that

at the relevant time, he was a Branch Manager of Canara

Bank, Dahisar (E) Branch.       Some credit facilities were

extended to the accused No.2 and he misused those credit

facilities in transferring the funds from M/s. Jewellers

Kapoorchand Pvt. Ltd. to M/s. Shah Kapoorchand & Sons

and from that account the money was siphoned off.


                                                              2 of 4
                            :3:                       8-i.ia-362-23.odt

5.          Learned counsel for the applicant submitted that

the applicant was not the authorized person to sanction the

Credit Facility.    The Credit Facility was sanctioned by the

Circle Office.     Once the Credit Facility was sanctioned, the

applicant had no knowledge as to how the funds were

transferred from one account to the other.        Therefore, it

cannot be said that he was in collusion or in conspiracy with

the other accused. He submitted that the applicant was on

bail during trial and he has not misused that liberty. Even

after his conviction, he was granted bail under Section 389

of Cr.P.C. The applicant is 75 year old. The appeal is not

likely to be decided in the near future.


6.          Learned Special P.P. for the respondent No.1-CBI

opposed these submissions.        But, he conceded that the

sentence imposed on the applicant is short and the appeal is

not likely to be decided within that period.


7.          I have considered these submissions. The issues

raised by the learned counsel for the applicant will have to

be decided at the final hearing stage. The sentence imposed
                                                                3 of 4
                                                               :4:                        8-i.ia-362-23.odt

                               is short and the appeal is not likely to be decided within that

                               period. The applicant is 75 years old person.


                               8.                Considering all these aspects, the applicant can

                               be granted bail pending final disposal of the appeal. Hence,

                               the following order :

                                                             :: O R D E R ::

i. During pendency and final disposal of Criminal

Appeal No.78/2023, the applicant is directed to be

released on bail on his furnishing P.R. bond in the

sum of Rs.30,000/- (Rupees Thirty Thousand Only)

with one or two sureties in the like amount.

ii. Interim Application is disposed of accordingly.

Digitally signed by PRADIPKUMAR PRADIPKUMAR PRAKASHRAO (SARANG V. KOTWAL, J.) PRAKASHRAO DESHMANE DESHMANE Date:

2023.02.07 10:23:58 +0530

Deshmane (PS)

4 of 4

 
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