Bail For Surety of 1 Lakh Rupees

May 12, 2015

We all are aware about Salman Khan, who was convicted in the 2002 hit and run case but was granted bail by the Bombay High Court. Later on former Tamil Nadu Chief Minister J Jayalalitha was acquitted in the disproportionate assets case by the Bangalore High Court. And its the time for Satyam Ramalinga Raju and all other convicts in the Satyam fraud have been granted conditional bail by the Nampally Court.

The court asked to deposit 1 lakh surety to be granted the bail, whereas the other convicts have been let off with a deposit of 50,000. The Nampally Court gave four weeks time to pay the surety amount.  Satyam Ramalinga Raju and nine others were sentenced to 7 year imprisonment in the infamous Satyam scam. All the convicts have been serving their jail term in the Charlapally Central Jail since their arrest in April 2015. Now, all of them were granted bail.