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2021 Supreme(SC) 404

UDAY UMESH LALIT, INDIRA BANERJEE, K.M.JOSEPH
SURESH KUKREJA – Appellant
Versus
STATE OF M. P. – Respondent


Advocates Appeared:
For the Petitioner: Mr. Kamlesh Vaswani, Adv. Mr. Manan Verma, AOR
For the Respondent: Mr. Saurabh Mishra, AAG Mr. Sunny Choudhary, AOR Ms. Anuradha Mishra, Adv.

ORDER :

CRIMINAL APPEAL NO.465 OF 2021 (@ out of SLP (Crl.) No. 6235/2020

1. Leave granted.

2. This appeal challenges the judgment and order dated 28-05-2020 passed by the High Court of M.P. at Indore in MCRC No. 13869/2020.

3. In connection with crime registered pursuant to FIR No.0012of 2020 dated 15.01.2020 lodged with S.T.F. Police Station, Bhopal, Madhya Pradesh in respect of offences punishable under Section 406, 420, 448 read with 120B, the appellant was taken in custody on 21.01.2020. His application preferred under Section 439 of the Code of Criminal Procedure seeking release on bail was allowed by the High Court vide order dated 28.05.2020. However, the High Court imposed a condition to the effect that the appellant would deposit National Saving Certificates in the sum of Rs.50 lakhs with the Trial Court.

4. The condition was complied with and the appellant has been enjoying the relief of bail since 01.06.2020.

5. Submitting inter alia that the condition so imposed by the High Court is quite onerous and the appellant had to borrow money from market to comply with the condition, the instant appeal has been preferred.

6. Notice was issued to the respondent-State on 15.12.2020 and

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