2023 (4) TMI 1064

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....ustice Ahsanuddin Amanullah For the Petitioner(s) : Mr. Bharat Rai Chandani, Adv., Mr. Deepak Kumar Khokhar, Adv., Mr. Aneesh Mittal, AOR And Mrs. Sonia Abrol, Adv. For the Respondent(s) : Ms. Deepanwita Priyanka, Adv., Ms. Swati Ghildiyal, AOR And Ms. Devyani Bhatt, Adv. ORDER Leave granted. 2. We have heard learned counsel for the parties. 3. On being arrested on the basis of c....

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.....01.2023 impugned herein, whereby the High Court modified the condition of furnishing bank guarantee of an amount of Rs.3 crore by reducing it to Rs.1.5 crore. 6. Such pre-condition of deposit of an amount or furnishing a bank guarantee has been the subject matter of consideration by this Court in a number of cases, where condition of pre-deposit has been held to be bad. 7. Reference may be ....

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....ry, 2023. 10. Facts of the present case being identical to the facts of the aforesaid two Criminal appeals, we see no reason to deviate from the view taken in the aforesaid two cases. 11. Following the reasons given in the aforesaid judgments and orders, we are of the considered opinion that pre-condition of furnishing bank guarantee imposed by the High Court is not liable to be sustained an....