Authority: Supreme Court of India
Order Date: 14-10-2026
Case Overview
- Petitioners: PM FINCAP LIMITED; Respondents: Santosh Mahalingam & Anr.
- Origin: Special Leave Petition (Crl.) No.18902/2026 challenging Punjab & Haryana High Court order dated 16-09-2026 which permitted respondent to return to India and surrender after anticipatory bail was rejected and non‑bailable warrants issued.
- Interim stay: Supreme Court, via order dated 06-10-2026, stayed the High Court direction and required respondent to show bona‑fide by depositing Rs 70 crore with the Court Registry.
- Respondent’s subsequent filings: Application Crl.M.P. No.319988/2026 stating he returned on 29-09-2026, deposited Rs 50 lakh with the High Court Registry, and offered to deposit Rs 10 crore now and the remaining Rs 60 crore in five quarterly installments with this Court.
Final Outcome
- The Court held the SLP became infructuous as the respondent had already returned, and therefore disposed of the petition.
- The interim order dated 06-10-2026 directing a Rs 70 crore deposit was vacated.
- Respondent is allowed to apply for regular bail and may surrender by 27-10-2026.
- All pending applications, if any, are disposed of.
Topics: Legal Proceedings, Bail, Supreme Court Order