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2020 (7) TMI 163 - HC - GSTGrant of Statutory Bail - offence under Section 132(1)(b) & (c) and 132(5) of the CGST Act 2017 - inability to deposit cash security - it is the contention of the petitioners that due to Covid-19 pandemic, the family members are unable to raise funds and deposit the amount - HELD THAT:- The petitioners are ordered to be released on bail on executing their own bond for a sum of ₹ 50,000/- each, before the Superintendent of the concerned prison, in which the petitioner has been confined and thereafter on their release - each of the petitioners shall furnish two sureties who shall deposit title deeds of immovable properties each to the value of ₹ 20lakhs before the Additional Chief Metropolitan Magistrate (EO-I), Egmore, Chennai within four weeks from the lifting of the lock down or the commencement of the Court's normal functioning, failing which the bail granted by this Court shall stand dismissed automatically.
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