Supreme Court granted special leave and reduced the High Court’s deposit order, directing the appellant to pay 50% of Rs 1.30 crore (Rs 65 lakh) within eight weeks.
The original High Court direction required the full Rs 1.30 crore to be deposited within four weeks and invested in a nationalised/scheduled bank for one year with auto‑renewal.
The civil appeal and any pending interlocutory applications were disposed by the Supreme Court.