Authority: Supreme Court of India
Order Date: 10-09-2026
Case Overview
- Parties: Petitioner – Mrs. B.R. Vasanth Kokila; Respondent – M/s. Srimatha Mahila Sahakari Bank Niyamitha.
- Proceedings: Special Leave Petition (Criminal) Diary No. 45004/2026, IA No. 255852/2026 filed for condonation of delay and exemption from surrender.
- Conviction Details: Applicant convicted under Section 138 of the Negotiable Instruments Act, 1881; sentenced to simple imprisonment for one year and a fine of Rs 67,00,000/‑.
- Counsel’s Submission: To demonstrate bona fides, the applicant will deposit Rs 15,00,000/‑ with the Trial Court within eight weeks from the order date.
Final Outcome
- Subject to the deposit of Rs 15,00,000/‑ within the stipulated eight‑week period, the petitioner is exempted from surrendering until the Special Leave Petition is listed before a regular court.
- After the deposit and exemption, the matter will be processed for listing before a regular court in accordance with the applicable Rules.
Topics: Legal Proceedings, Banking