2020 (2) TMI 998

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..... to take departmental action for recovery of penalty against the applicant. The applicant, under the instructions, submitted that without prejudice to his rights and contentions, applicant is ready and willing to deposit ₹ 25 lakh before the respondent No.2 within a period of 8 weeks from the date of his actual release. Considering the case, the present application is allowed - The app .....

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..... earned Advocate appearing on behalf of the applicant submits that considering the nature of the offence, the applicant may be enlarged on regular bail by imposing suitable conditions. 3. Learned APP appearing on behalf of the respondent-State has opposed grant of regular bail looking to the nature and gravity of the offence. 4. Learned Advocates appearing on behalf of the respective parties .....

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..... he alleged transaction, it is always open for the respondent department to take departmental action for recovery of penalty against the applicant. (d) Learned Senior Advocate Mr. Nanavaty appearing for the applicant, under the instructions, submitted that without prejudice to his rights and contentions, applicant is ready and willing to deposit ₹ 25 lakh before the respondent No.2 withi .....

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..... agar on executing a personal bond of ₹ 10,000/( Rupees Ten Thousand only) with one surety of the like amount to the satisfaction of the trial Court and subject to the conditions that he shall; [a] not take undue advantage of liberty or misuse liberty; [b] not act in a manner injurious to the interest of the prosecution; [c] surrender passport, if any, to the lower court within .....

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..... required in connection with any other offence for the time being. If breach of any of the above conditions is committed, the Sessions Judge concerned will be free to issue warrant or take appropriate action in the matter. Bail bond to be executed before the lower Court having jurisdiction to try the case. It will be open for the concerned Court to delete, modify and/or relax any of the above cond .....

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