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Application for bail allowed.

Bail Application — The Applicant moved an application with a prayer to modify the condition of sureties bonds of Rs.2 Crores each for release of the applicant saying that the applicant is in jail for almost about one year and his accounts etc have been seized. Fixing sureties bonds of Rs.2 Crores each is nothing but denial to release the applicant on bail because such sureties cannot be furnished by the applicant as the amount is too exorbitant. The applicant is allowed conditions modified from 2 Crores each to to Rs.50 Lacs each to the satisfaction of the Magistrate concerned. — Mohit Gupta Vs. State of U.P. [2019] 19 TAXLOK.COM 088 (Allahabad)