1. The present petitioner has been filed by Amit Gupta for quashing of order dated 25th May, 2015 against imposition of condition of deposit of an amount of Rs.4 crores without prejudice to the rights and conditions of the parties while granting the regular bail to the petitioner.
2. It is argued by Ms. Geeta Luthra, learned Senior counsel for the petitioner that the condition imposed in the case to deposit Rs. 4 crore is unreasonable while granting the regular bail as charge sheet in the matter has been filed and the petitioner is otherwise entitled for bail. Counsel also argued that the dispute in the matter is of civil nature. The imposition of such condition should be declared as an arbitrary condition which is not sustainable in view of settled law. Learned Senior has referred many decisions in support of her argument.