Nimesh Munshi, Presently in Judicial Custody at Colvale Jail, Colvale, Thr. Rajesh Shirodkar v. State of Goa, Thr. the Office of the Public Prosecutor and Anr.
Case brief
What is this about?
Brief order permitting the applicant's representative to invest bail deposits to generate interest, with the interest accruing to the party in whose favor proceedings are terminated. Applications disposed of as infructuous and reasonably approved.
What did the court decide?
Permitted amount deposited before Magistrate to be invested appropriately so interest accrues to the beneficiary of terminated proceedings.