Ambadas Abaji Mankape vs The State Of Maharashtra
Judges (1)
Counsel (4)
Case Significance
Ambadas Abaji Mankape vs The State Of Maharashtra is a Bombay High Court decision dated December 23, 2025 (citation: ik-42692044). The applicant, former Chairman of a credit cooperative society in Aurangabad, sought regular bail in two FIRs registered for offences under IPC Sections 406, 409, 420, 465, 467, 468, 471, 120(b) and the MPID Act relating to massive fraud involving misappropriation of depositors' money. The Court rejected both bail applications, noting the colossal scale of fraud affecting small investors, deep-rooted conspiracy involving Board of Directors, and the applicant's criminal antecedents in similar 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 cooperative society in Aurangabad, sought regular bail in two FIRs registered for offences under IPC Sections 406, 409, 420, 465, 467, 468, 471, 120(b) and the MPID Act relating to massive fraud involving misappropriation of depositors' money. The Court rejected both bail applications, noting the colossal scale of fraud affecting small investors, deep-rooted conspiracy involving Board of Directors, and the applicant's criminal antecedents in similar economic offences.
What was the outcome of Ambadas Abaji Mankape vs The State Of Maharashtra?
The applicant, former Chairman of a credit cooperative society in Aurangabad, sought regular bail in two FIRs registered for offences under IPC Sections 406, 409, 420, 465, 467, 468, 471, 120(b) and t...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-42692044)