TMI Blog2021 (7) TMI 972X X X X Extracts X X X X X X X X Extracts X X X X ..... n the matter is complete and draft charges have been circulated. c. All other three co-accused have been released on bail. Subject to the appellant furnishing cash security in the sum of ₹ 25,00,000/- with two like sureties to the satisfaction of the Trial Court, the appellant shall be released on bail, subject to other conditions as the Trial Court may deem appropriate to impose - appeal allowed. - Criminal Appeal No.617 OF 2021 (Arising out of SLP (Crl.) No.3532/2021) - - - Dated:- 15-7-2021 - Hon'ble Mr. Justice Uday Umesh Lalit And Hon'ble Mr. Justice Ajay Rastogi For the Parties : Mr. Saurabh Kirpal, Sr. Adv., Dr. Sujay Kantawala, Adv., Mr. Azmat Hayat Amanullah, AOR, Mr. Nishant Awana, Adv., Mr. Sujit Saho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he crime is complete. b. All the assets of the appellant stand attached as of now. c. The co-accused Anil Chokhara, Saurabh Pandit and Sanjay Jain have been released on bail by the concerned Courts and those orders have not been called in question at any stage. d. The offences which the appellant is alleged to have committed carry maximum sentence of seven years, as against which the appellant has already undergone actual custody of two years and four months. On the other hand, Mr. S.V. Raju, learned Additional Solicitor General appearing for the Department submits: a. Though the complaint was filed on 17.06.2017 and various processes were issued for attendance and cooperation, those processes were completely disregarded; and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion. b. The fact that the investigation in the matter is complete and draft charges have been circulated. c. All other three co-accused have been released on bail. In the circumstances, we direct as under: I. Subject to the appellant furnishing cash security in the sum of ₹ 25,00,000/- (Rupees Twenty Five Lakhs only) with two like sureties to the satisfaction of the Trial Court, the appellant shall be released on bail, subject to such conditions as the Trial Court may deem appropriate to impose. Such conditions shall include: i. The appellant shall remain present on every hearing before the concerned Court. ii. The appellant shall not leave the City of Mumbai without express permission of the Trial Court. iii. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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