Section 132 of the CGST Act, 2017 – Bail – Conditions -–-The appellant sought to modify the conditional order passed by the learned Additional Chief Metropolitan Magistrate. The counsel for the petitioner submitted that the petitioner was arrested by the respondent on 07.12.2021, for the offences under Sections 132(1)(b), 132(1)(c), 132(1)(I) (i) of the Act. Since the respondent has not filed the final report during the statutory period of 60 days, the petitioner was granted bail under Section 167. The Trial Court, while granting bail, had imposed severe conditions directing the petitioner to deposit a cash security of Rs. 5,00,000/-. The petitioner is in custody for the past two months and therefore, he is unable to raise funds and unable to secure any government surety and in the alternative, the petitioner is prepared to deposit a cash security of Rs. 10,00,000/- The court observed that the petitioner is in custody from 07.12.2021 and he is prepared to deposit a sum of Rs. 10,00,000/- in cash and execute a bond for a sum of Rs. 50,00,000/-.

Held that:- The Hon’ble High Court modified the order to the effect that the petitioner shall deposit a cash security of Rs. 10,00,000/- and execute a bond for a sum of Rs. 50,00,000/- by depositing documents of property worth Rs. 50,00,000/- belonging to himself or his family members or his friends. The petitioner shall furnish two sureties for a sum of Rs. 5,00,000/- each and the sureties shall be one blood surety and another relative surety.