Final Order 1

Order Details: Order Below EX 1
Pdf Text: Notice Case No. 738 N 2022
Chandrakant Vs State and ors.
CNR-MHMM18-011573-2022
ORDER BELOW EXH.1
1. This is an application under Section 457 of Code of Criminal
Procedure for release of property.
2. As per applicant he was duped by unknown persons and they
fraudulently obtained from him the amount of Rs.1,31,40,285/-. At the
instance of applicant, the offence was registered with respondent Police
Station at C.R. No.7/2022. During investigation the bank accounts
mentioned in the present application was frozen by the respondent as the
part of the amount deposited by the applicant is lying in it.
3. The applicant is in need of said amount and hence filed the
present application. Say of the I.O. and Ld. A.P.P. was called. They have
no objection to handover the cash and requested for passing necessary
orders to that effect.
4. The incidence occurred since long back and since then matter is
pending. The amount paid by applicant remained unused. He is deprived
of it for no fault on his part. Investigation relating to the cash seems to be
completed. Therefore, application needs to be allowed and as such order -
ORDER
a. The application is allowed.
b. The respondent is directed to request the concerned officers, of
the banks mentioned in the application, to transfer the amounts lying in
those accounts, in an account maintained by the applicant mentioned in
the application, after executing indemnity bond of Rs.50,00,000/- (Rupees
Fifty Lacs only) before respondent.
MUMBAI (KOMALSING RAJPUT)
DATE – 20.12.2022 M.M., 12TH COURT, BANDRA, MUMBAI
-- 1 of 1 --