9911796707
TMI Blog2022 (3) TMI 259X X X X Extracts X X X X X X X X Extracts X X X X ..... ared to deposit a cash security of ₹ 10,00,000/- and also ready to execute a bond for a sum of ₹ 50,00,000/- and to deposit documents of property worth ₹ 50,00,000/- - HELD THAT:- Taking into consideration that fact that the petitioner is in custody from 07.12.2021 and he is prepared to deposit a sum of ₹ 10,00,000/- in cash and execute a bond for a sum of ₹ 50,00,00 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 77; 5,00,000/- each and out of the sureties, one of the surety to be a Government Employee and another blood surety. 2. The learned counsel for the petitioner submits that the petitioner was arrested by the respondent in connection with R.R.No.42 of 2021 dated 07.12.2021, pending on the file of the respondent/complainant for the offences under Sections 132(1)(b), 132(1)(c), 132(1)(I) (i) of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is unable to raise funds, as directed by this Court while imposing a condition on the petitioner to deposit a cash security of ₹ 5,00,000/- and to furnish government surety, as the said condition has indirectly defeated the defeasible right of the petitioner and prevented him from coming out on bail. 6. Since the allegation against the petitioner is of great magnitude, the petitioner is u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ocuments of property worth ₹ 50,00,000/- either belonging to the petitioner's family members or friends and to deposit two blood sureties for ₹ 5,00,000/- each, instead of government sureties. He would also submit that the petitioner is prepared to abide by the other conditions imposed. 9. Heard the learned counsel for the petitioner and the learned Additional Public Prosecutor. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... depositing documents of property worth ₹ 50,00,000/- belonging to himself or his family members or his friends. The petitioner shall furnish two sureties for a sum of ₹ 5,00,000/- each and the sureties shall be one blood surety and another relative surety; ii. The petitioner/accused is directed to appear before the respondent daily at 10.00 a.m until further orders; and iii. The ..... X X X X Extracts X X X X X X X X Extracts X X X X
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