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2015 (1) TMI 1485 - SUPREME COURTGrant of Bail - failure to comply with the condition, upon which the bail was granted - Failure to make deposit of amount - HELD THAT:- Admittedly, Respondent No. 2 has not deposited the first instalment, but has twice applied for extension of time in the High Court and has been granted extension till 28th February, 2015. Considering the facts and circumstances of the case including the fact that Respondent No. 2 has been involved in similar cases and apparently owes a large amount of money to various investors, we are of the opinion that the High Court ought not to have granted bail to Respondent No.2. Bail application dismissed.
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