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2000 Supreme(SC) 1537

UMESH C.BANERJEE, G.B.PATTANAIK
M. Sreenivasulu Reddy – Appellant
Versus
State Of T. N. – Respondent


ORDER

Applications for impleadment are allowed.

2. These Special Leave Applications have been filed by the accused against whom, offence under Sections 420 and 409 IPC, read with Section 120-B IPC has been alleged.

3. The accused moved for grant of anticipatory bail and the High Court from time to time has exercised discretion in granting anticipatory bail, subject to certain terms and conditions thereon.

4. By order dated 31st January, 2000, after taking into consideration all relevant facts as well as the undertaking of the accused, the High Court granted anticipatory bail in favour of the petitioner subject to his depositing Rs. 20 crores on or before 15.2.2000, Rs.15 crores on or before 31.3.2000 and another Rs.15 crores to be paid on or before 30.4.2000 apart from other coditions. This order of 31st of January, 2000 stood modified by the order of 30th March, 2000 for payment of the aforesaid Rs.15 crores by modified the dates and putting several other conditions as enumerated in paragraph 18 of the said order.

5. The accused thereafter, approached this Court and this Court had stayed operation of the aforesaid order on 17th April, 2000, by which date a sum of Rs.35 crores out of




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