Ambadas Abaji Mankape vs The State Of Maharashtra

ik-181151031 Bombay High Court 23 December 2025 • 10 min read

Judges (1)

Counsel (4)

Amol Andhale Counsel Respondent Komal Kandherkar Counsel Respondent Satej S. Jadhav Counsel Applicant Vishal Andhale Counsel Respondent

Parties (2)

State of Maharashtra Respondent Ambadas Abaji Mankape Applicant

Case Significance

Ambadas Abaji Mankape vs The State Of Maharashtra is a Bombay High Court decision dated December 23, 2025 (citation: ik-181151031). The applicant, former Chairman of a credit society, sought regular bail in two connected FIRs alleging large-scale financial fraud under Sections 406, 409, 420, 465-471, 120(b) IPC and the Maharashtra Protection of Interest of Depositors Act, 1999. The court rejected bail, finding the fraud was of colossal scale affecting small investors of hard-earned money, with a deep-rooted conspiracy involving siphoning of hundreds of crores through fictitious loans and bogus accounts. The applicant had The case was heard by Justice Sachin S. Deshmukh. Counsel appearing: Amol Andhale (counsel for respondent), Komal Kandherkar (counsel for respondent), Satej S. Jadhav (counsel for applicant), Vishal Andhale (counsel for respondent).

Summary

The applicant, former Chairman of a credit society, sought regular bail in two connected FIRs alleging large-scale financial fraud under Sections 406, 409, 420, 465-471, 120(b) IPC and the Maharashtra Protection of Interest of Depositors Act, 1999. The court rejected bail, finding the fraud was of colossal scale affecting small investors of hard-earned money, with a deep-rooted conspiracy involving siphoning of hundreds of crores through fictitious loans and bogus accounts. The applicant had antecedents of similar offences indicating a recurring pattern.

What was the outcome of Ambadas Abaji Mankape vs The State Of Maharashtra?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-181151031)