SHYAM DNYANESHWAR PALKAR Vs. STATE OF GOA

JUDGEMENT

(1.) It is an application under Sec. 438 of the Cr.P.C. for per-arrest bail in crime no.22/2021 registered with the Porvorim, Police Station with the offence punishable under Sec. 420 read with Sec. 34 of IPC.

(2.) On 17/3/2021, Dr. Vikas Naik, reported that in between January 2019 to February, 2019 one Mr. Taslim Arif Mohammed and Mr. Jai Lotlikar approached the complainant and induced him to invest a total amount of Rs.53,00,000.00 in the project in survey no.234/1 of Bardez Goa. Accordingly, he paid Rs.53,00,000.00 to Mr. Taslim. Neither the amount was invested into the project property nor the amount was returned to him. On these set of allegations crime in question came to be registered against Taslim and Jai.

(3.) In the course of investigation Investigating Officer found that Rs.13,00,000.00 were credited in the account of the applicant from the account of accused no.1-Taslim. Having noted single transaction applicant has been arrayed as accused in the crime in question. Apparently barring a single transfer of Rs.13,00,000.00 by accused no.1 to the account of the applicant, there is no other evidence on record which implies the applicant's complicity in the crime either inducing the complainant to invest or otherwise. In any case, applicant has not been, named in First Information Report. Besides the applicant has no criminal antecedents.