Mr.M.P.Selvaraj, 45 Years v. M/S.Karnataka Soaps And

Crl.M.P.No.9593 of 2016 in Crl.R.C.No.1105 of 2016 G.CHOCKALINGAM, J.

Heard the learned counsel for the petitioner. 2.The learned counsel for petitioner submitted that the petitioner is ready to deposit 50% of the cheque amount and he has also made an endorsement to that effect and the same reads as follows:- "The petitioner is willing to deposit 50% of the cheque amount Rs.5,07,246/- within six weeks."

3. The above said endorsement is recorded.

4.Considering the submission made by the learned counsel for the petitioner, that the petitioner is ready to deposit 50% of the cheque amount, this Court is of the considered view that the substantive sentence of imprisonment alone could be suspended pending revision. 5.Accordingly, the petitioner is directed to deposit Rs.25,000/- being the cheque amount on or before 17.10.2016, to the credit of CC.No.11527 of 2002 on the file of the Metropolitan Magistrate, Fast Track Court - I, Egmore, Chennai and on such deposit, the petitioner shall be released on bail on his

G.CHOCKALINGAM, J.

tsh executing a bond for a sum of Rs.10,000/- (Rupees Ten Thousand only) with two sureties each for a like sum to the satisfaction of the learned Metropolitan Magistrate, Fast Track Court No.I, Egmore, Chennai, and on further condition that the petitioner shall report before the said Court on the first working day of every month at 10.30 a.m., until further orders. Post on 18.10.2016.

12.09.2016 Crl.M.P.No.9593 of 2016 in Crl.R.C.No.1105 of 2016.