Supreme Court Orders Rs 75 Lakh Bail Deposit

This order is not relevant to stocks, companies, markets, or the economy. Below is a short summary of the judgement:

• Parties: Mehul Patel (petitioner) vs M/S. V.S. LAD AND SONS (respondent).
• Court: Supreme Court of India, Court No.3, Special Leave Petition (Criminal) Diary No. 34294/2026, hearing on 05-06-2026.
• Nature: Petition arising from impugned final judgment and order dated 12-12-2024 of the High Court of Karnataka (CRLA No. 219/2018).
• Outcome: Court ordered petitioner to deposit Rs 75,00,000 within eight weeks; amount to be invested in a short‑term interest‑bearing Fixed Deposit in a nationalised bank on auto‑renewal basis.
• Upon deposit, petitioner shall be released on bail subject to conditions imposed by the trial court.
• Case listed for further hearing on 18-09-2026.