SC asks Times Now to deposit Rs 100 crore before HC takes up its appeal in defamation case

The Supreme Court on Monday declined to relax a Bombay high court order asking Times Now TV channel to deposit Rs 100 crore - Rs 20 crore in cash and the rest as bank guarantee - before taking up its appeal against a trial court verdict in a defamation case. Former Supreme Court Judge, Justice P B Sawant, had sued Times Now for mistakenly displaying his photograph in a report on September 10, 2008, about a person (with a phonetically similar sounding name) allegedly involved in the multi-crore Provident Fund scam.

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