bond

Supreme Court has decided to lower the value of the personal bond of two defendants, Ramkrishna Premchand Dubey and Satishchandra Bhagwatiprasad Mishra, who were each sentenced to three years in prison in connection with 26 different cases of cheating. The personal bond sum has been decreased to Rs 50,000 per person. They were directors of a corporation, accused of collecting money from the public without Reserve Bank of India's approval. … read-more