The state of Maharashtra vs Pandurang Maruti Pavashe and Ors. — 508/2019

Case under Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act Section 3,4. Status: Charge. Next hearing: 02nd July 2026.

MAHA P.I.D. 1999. - Special Case under Mah. P.I.D. Act

CNR: MHRG170130962019

Charge

Next Hearing

02nd July 2026

e-Filing Number

-

Filing Number

508/2019

Filing Date

05-11-2019

Registration No

508/2019

Registration Date

05-11-2019

Court

District and Addl. Sessions Judge, Panvel, Dist., Raigad

Judge

1-District Judge 1 and additional sessions Judge Panvel

FIR Details

FIR Number

303

Police Station

Kharghar Police Station

Year

2019

Acts & Sections

Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act Section 3,4
INDIAN PENAL CODE Section 420,406,409,34

Petitioner(s)

The state of Maharashtra

Adv. Government pleader

Respondent(s)

Pandurang Maruti Pavashe and Ors.

Vaibhav Ramakant Girdhar

Ramesh Krishna Keni.

Hearing History

Judge: 1-District Judge 1 and additional sessions Judge Panvel

13-04-2026

Charge

09-03-2026

Charge

27-01-2026

Charge

20-12-2025

Charge

07-11-2025

Charge

Interim Orders

02-02-2023
Order on Exhibit

Summary: The bail application of four accused persons (Pandurang Maruti Pawshe, Manoj Ramesh Bhoir, Satyavan Krishna Keni, and Vaibhav Ramakant Girdhar) charged with fraud under IPC sections 406, 420, 409, 120(B) and MPID Act sections 3-4 for operating an illegal investment scheme called "Bijankur" has been rejected. The court found that the accused's claim of seized property worth Rs.8-15 crores was unsupported by documentary evidence, and the court noted that successive bail applications on the same grounds are not maintainable after prior rejection by the High Court. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary: The bail application of four accused persons (Pandurang Maruti Pawshe, Manoj Ramesh Bhoir, Satyavan Krishna Keni, and Vaibhav Ramakant Girdhar) charged with fraud under IPC sections 406, 420, 409, 120(B) and MPID Act sections 3-4 for operating an illegal investment scheme called "Bijankur" has been rejected. The court found that the accused's claim of seized property worth Rs.8-15 crores was unsupported by documentary evidence, and the court noted that successive bail applications on the same grounds are not maintainable after prior rejection by the High Court. This case analysis is maintained by casestatus.in based on publicly available court records.

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