The Bombay High Court on Monday allowed the Times Now channel to furnish a corporate guarantee instead of a bank guarantee of Rs. 80 Crore in connection with the defamation case file by the former Supreme Court Judge P.B.Sawant.
Justice Sawant had sued the channel for displaying his photograph during a telecast of a report on a Provident Fund scam allegedly involving a Calcutta High Court judge in September 2008 .The telecast showed Sawant’s photograph instead of that of other judge .
A Pune Court ordered the channel to pay Justice Sawant Rs. 100 crore as damages ,and when the channel moved to High Court in appeal .High Court had asked it to deposit Rs. 20 crore and give bank guarantee for the balance sum.
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