Authority: Supreme Court of India
Order Date: 23-07-2026
Case Overview
- Petition: Special Leave Petition (Criminal) Diary No. 34294/2026, Mehul Patel (Petitioner) vs. M/S. V.S. Lad and Sons (Respondent).
- IA No. 180011/2026 filed seeking modification of the Court's order dated 05.06.2026 (Paragraph 3) to: (a) release the petitioner on interim bail forthwith, subject to trial‑court conditions, and to decide the deposit amount within eight weeks; (b) reduce the bail security from Rs 75,00,000 to a lower sum.
- Senior counsel for the petitioner, Ms. Jayna Kothari, indicated readiness to produce a Demand Draft of Rs 20,00,000 (Twenty Lakhs).
- Coram for the hearing: Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe.
Final Outcome
- The Court modified its order dated 05.06.2026, directing that the petitioner may be released on bail upon depositing Rs 20,00,000 (Twenty Lakhs), subject to any terms and conditions imposed by the Trial Court.
- The balance amount of Rs 55,00,000 (Fifty‑Five Lakhs) must be deposited within six weeks from the date of this order (i.e., by 02-09-2026).
- All other provisions of the 05.06.2026 order, including the requirement to place the deposit in a Fixed Deposit and the listing of the matter, remain unchanged.
- The application for modification was allowed.
Topics: Bail Modification, Criminal Procedure