2022 (1) TMI 1224 - SC - Indian Laws

Seeking grant of bail - requirement of submission of initial deposit - HELD THAT - The appellant on instructions states that after the initial deposit of Rs. 60 crores Rs. 40 more crores have been deposited totaling to Rs. 100 crores - appellant will make arrangements to ensure that Rs. 50 more crores is deposited in 12 weeks and another Rs. 50 more crores within 12 weeks thereafter totaling to Rs. 200 crores Subject to the undertaking being complied bail is granted to the appellant on terms and conditions to the satisfaction of the trial Court - appeal disposed off.