M/S. JERMYN CAPITAL LLC DUBAI vs CENTRAL BUREAU OF INVESTIGATION

The Supreme Court modified its previous order allowing the appellant to withdraw a sum of 38.52 crore, which was previously subject to a condition of furnishing a bank guarantee. The Court acknowledged the appellant's submission of orders directing the sale proceeds to be placed in fixed deposits to accrue higher interest. Consequently, the Court permitted unconditional withdrawal of the amount along with accrued interest, thereby relaxing the earlier condition. The modification facilitates the appellant's immediate access to the funds, reflecting the Court's discretionary power in criminal appeal proceedings.