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HIGH COURT OF DELHI
Date of Order: February 13, 2019
PRAVEEN N.SHAH .....Appellant
Through: Mr.Mohit Mathur, Senior Advocate with Mr. Abhilash Mathur, Mr. Prashant Jain and Mr. Manyank Sharma, Advocates
Through: Mr .Ashutosh Ghadi and Mr. Nikhil Goel, Advocates
Crl.M.A.3280/2019 (Exemption)
Allowed subject to all just exceptions.
For the offence under Section 120B IPC, appellant has been directed to undergo simple imprisonment for period of two months and fine of ₹50,000/- with default clause and for the offence under Section
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420 IPC, he has been directed to undergo simple imprisonment of two months and fine of ₹2,20,00,000/- with default clause. Learned senior counsel for appellant seeks suspension of the sentence awarded to appellant by submitting that out of the total stock of 5,000 meteric tons of metal, appellant had lifted 200 tons of metal only, 2019:DHC:967 which was dead stock and the additional discount of ₹1500/- per ton was legally availed of. Upon hearing, it is directed that the substantive sentence awarded to appellant shall remain suspended during the pendency of this appeal, subject to appellant depositing a sum of ₹3,00,000/- with the Registrar General of this Court within a period of two weeks. Thereafter, it be converted into FDR initially for a period of one year and it be renewed from time to time. Without commenting on the merits of the case, it is directed that upon appellant furnishing bail bond in the sum of `25,000/- with one local surety in the like amount to the satisfaction of trial court, he be released on bail during the pendency of this appeal. Accordingly, this application is disposed of. Dasti. Admit. Records be requisitioned. List in due course. (SUNIL GAUR) JUDGE FEBRUARY 13, 2019 v 2019:DHC:967
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