The court was hearing the bail petition of Akash Kantilal Sancheti, accused of duping several persons of Rs 42 lakh. The bench directed Sancheti to deposit Rs 13 lakh with the registry of the apex court within six months. The court deposited the Rs 13 lakh in an interest-bearing short term fixed deposit in a nationalized bank. The top court restrained Sancheti from committing any offence of the same nature or influence witnesses while out on bail. Amit was granted medical bail, after depositing a whopping Rs 10 crore within six months as surety, while his brother paid Rs one crore as security.
Source: dna September 29, 2019 00:00 UTC