Supreme Court granted special leave and allowed appeals filed by Shivangi Properties Pvt Ltd against Karnataka High Court order.
Court set aside High Court's 10% reduction, restoring Appellate Court's direction to deposit at least 20% of cheque amount.
Respondent M.J. Shantarama given deadline to make the required deposit by 31 May 2026.
Record of proceedings notes that the appeals were allowed and pending applications disposed of.