Authority: High Court of Judicature at Bombay, Criminal Appellate Jurisdiction
Order Date: 07 October 2026
Case Overview
- Parties: Applicant Manoj Thansigh Jadhav vs State of Maharashtra.
- Bail application No.3015 of 2026 filed under Section 483 of Bharatiya Nagarik Suraksha Sanhita, 2023.
- Offences: Sections 318(4), 316(2) read with Section 3(5) of Bharatiya Nyaya Sanhita, 2023; Section 3 of Maharashtra Protection of Interest of Depositors Act, 1999; Section 66(D) of Information Technology Act, 2000.
- Crime No.63 of 2025 registered with Cyber Police Station, Nashik.
- Alleged receipt of Rs.32,09,978 from investors through investment company “Open Hands”.
- Applicant deposited demand draft No.1564 dated 06.10.2026 of Rs.16,04,990 in the name of the Registrar, High Court of Bombay as part of bail surety.
Final Outcome
- Bail granted; applicant released from prison.
- Required to furnish a personal bond of Rs.25,000 with one or two sureties of equal amount.
- Must report monthly to Investigating Officer at Cyber Police Station, Nashik on the first Monday between 10:00 a.m. and 12:00 p.m.
- Prohibited from leaving Maharashtra without trial court permission, from influencing witnesses or tampering evidence, and must keep police informed of address and contact details.
- Demand draft to be deposited in the Registry and transferred to the Trial Court.
- Any breach of conditions will lead to cancellation of bail.
- Court clarified that observations are limited to bail; merits of the case will be determined in trial.
Topics: Bail, Investment Fraud, MPID Act