caselaws

Supreme Court of India
Deepak Chandratan Pareek vs Union Of India Through Cbi on 21 April, 2017Author: S Nazeer

Bench: J. Chelameswar, S. Abdul Nazeer

Non-Reportable
IN THE SUPREME COURT OF INDIA

CRIMINAL APPELLATE JURSIDCITON

CRIMINAL APPEAL NOS.768-769 OF 2017
(Arising out of S.L.P. (Crl.) Nos.1891-1892 of 2017)

DEEPAK CHANDRATAN PAREEK …APPELLANT

VERSUS

UNION OF INDIA THROUGH CBI …RESPONDENT

O R D E R

S.ABDUL NAZEER, J.

1 Leave granted.
2 In these appeals the appellant is aggrieved by the judgment and
orders of the High Court of Orissa at Cuttack dated 9th February, 2017 and
6th January, 2017 in MCN No.42 of 2017 and BA No.4542 of 2015, imposing a
condition to deposit cash security of Rupees two crores in the shape of
fixed deposit STDRs for releasing him on bail.
3 Having heard learned senior counsel appearing for the appellant as
well as learned counsel for the respondent, we are of the view that the
direction to deposit a sum of Rupees two crores as a condition for
releasing him on bail is onerous. Having regard to the facts and
circumstances of the case, we direct him to furnish a cash security of
Rupees one crore in the shape of fixed deposit STDRs obtained from any
nationalized bank. Condition No.2 of the order of the High Court is
modified to that extent. In all other respects, the judgment and order of
the High Court is sustained.

4 The appeals are disposed of accordingly.

…………………………………J.
(J. CHELAMESWAR)

…………………………………J.
(S. ABDUL NAZEER)
New Delhi;
April 21, 2017.

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