TMI Blog2000 (9) TMI 1082X X X X Extracts X X X X X X X X Extracts X X X X ..... ions 420 and 409 IPC read with Section 120B 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #8377; 15 crores as was required by the High Court, remained unpaid. Mr. Salve, the learned Solicitor General, appearing for the State of Tamil Nadu, vehemently contended that bearing in mind the nature of accusation, in fact no anticipatory bail should have been granted, but the same having been granted the terms and conditions imposed should not be interfered with by this Court under Article 136 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e object of putting conditions should be to avoid the possibility of the person hampering investigation. The discretion of the Court while putting conditions should be an exercise of judicial discretion. In an offence under Section 409 and 420 IPC, the Court is certainly not going to recover the alleged amount as a condition of grant of bail. This being the position, since the High Court had direc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... should be fully satisfied about the solvency of the corporate guarantee. All other conditions mentioned in paragraph 18 of the aforesaid order would remain operative and prosecution should take expeditious steps for completing the criminal proceedings. The corporate guarantee as aforesaid should be furnished within eight weeks from today. 7. The Special Leave Applications stand disposed of acco ..... X X X X Extracts X X X X X X X X Extracts X X X X
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