Vivek S/O Narayan Naitam (in Jail) v. the Gadchiroli Nagari Sahakari Bank Gadchiroli Thr Shri Sanjay Bhagwan Potwar
Case brief
What is this about?
Applicant convicted under section 138 NI Act and sentenced to one year's imprisonment with compensation, confirmed in appeal, sought suspension of sentence and bail pending criminal revision. Court issued notice to the bank and suspended the substantive sentence till next date on condition of depositing Rs.4,80,000 within two weeks of release, releasing him on bail.
What did the court decide?
Substantive sentence suspended till next date subject to deposit of Rs.4,80,000 within two weeks of release; applicant released on PR bond Rs.15,000 with one surety.