Shivay Enterprises vs Aditya Uttam Rathod — 2/2026

Case 2/2026 Summary: The Additional Sessions Judge at Paithan suspended Shivay Enterprises' imprisonment sentence pending appeal and granted bail, subject to depositing Rs. 38,80,000 (20% of the awarded compensation of Rs. 1,94,00,000). The appellant was also required to execute a personal recognizance bond of Rs. 50,000 with surety. The court rejected the appellant's argument that the case qualified as an exception to the 20% deposit requirement under Section 148 of the Negotiable Instruments Act, finding no merit in the claim that trial court error prejudiced the appellant. This case analysis is maintained by casestatus.in based on publicly available court records.