Authority: Supreme Court of India (Bench: Hon'ble Mr. Justice Pamidighantam Sri Narasimha, Hon'ble Mr. Justice Alok Aradhe)

Order Date: 18‑09‑2026

Case Overview

  • Petition: Special Leave Petition (Criminal) No. 34294/2026 filed by Mehul Patel against M/S. V.S. Lad and Sons, arising from the impugned final judgment dated 12‑12‑2024 of the High Court of Karnataka (CRLA No. 219/2018).
  • Earlier Order (05‑06‑2026): Court directed petitioner to deposit Rs 75 Lakhs within eight weeks for bail release.
  • Modified Order (subsequent): Court reduced immediate deposit requirement to Rs 20 Lakhs, directing the balance Rs 55 Lakhs to be deposited within six weeks. Petitioner complied with the Rs 20 Lakhs payment.
  • Counsel (Ms. Jayna Kothari, Senior Counsel) reported that the Registry was not accepting part‑payment of the remaining amount and requested liberty for part‑payment.

Court Directions

1. Registry is instructed to permit the petitioner to make the part‑payment of the remaining bail amount within three days from the date of this order.

2. Counsel assured that the remaining balance will be paid within two weeks from today.

3. The application for extension of time (IA No. 268125/2026) is disposed of.

4. The matter is listed for further hearing on 09‑10‑2026.

Final Outcome

  • The Supreme Court authorized the petitioner to complete the bail deposit in part, accepting the Rs 20 Lakhs already paid and allowing the remaining Rs 55 Lakhs to be paid in two stages (within three days for part‑payment and within two weeks for the balance), thereby facilitating the petitioner’s release on bail.

Topics: Bail Deposit, Supreme Court Order, Part‑Payment