TRIDHAR MOHANTY @ PATTNAIK ETC. vs THE STATE OF ODISHA — Crl.A. No. 487 - 488/2021

Case Summary: Crl.A. No. 487-488/2021 Outcome: The Supreme Court allowed the appeals and modified bail conditions. Instead of depositing cash security of Rs. 90 lakhs as directed by the High Court, appellants Tridhara Mohanty @ Pattnaik and Braja Mohan Pattnaik must offer properties valued at least Rs. 3 Crores to the Trial Court's satisfaction for release on bail. The Trial Court retains discretion to impose additional conditions ensuring their presence in proceedings. Background: Appellants faced prosecution in eight FIRs involving alleged embezzlement of Rs. 4.31 crores under IPC sections 406/408/409/420/120B/34 and money circulation scheme laws. The High Court's stringent cash security requirements effectively denied bail relief. The Court found merit in the appellants' inability to deposit cash and accepted their alternative proposal for property security instead. This case analysis is maintained by casestatus.in based on publicly available court records.