The Bombay High Court on Wednesday asked Times Global Broadcasting Company,which runs English news channel Times Now,to deposit Rs 20 crore in the court over a defamation suit filed against it by a former Supreme Court judge.
A Pune district court had ordered the company to pay Justice (retd) P B Sawant Rs 100 crore in damages,and Times Global had appealed to the high court against it.
While asking the company to deposit Rs 20 crore as it admitted its plea on Wednesday,the high court also told it to furnish bank guarantees for the remaining amount of Rs 80 crore.
Times Global has maintained that it had already apologised to Justice Sawant in its news scroll for five days in 2008 and was therefore not liable to pay damages.
Justice Sawant had sued the channel for displaying his photo wrongly for about 15 seconds during a September 10,2008,news report on a provident fund scam allegedly involving Calcutta High Court judge Justice P K Samanta. The report,that mistakenly showed Sawants photo in place of Samanta,also said several judges of the higher judiciary were involved in the scam.
According to Justice Sawants petition,despite him serving the channel a noice,it issued a retraction only about eight to 10 days later on its scroll and expressed regret. Passing a decree in favour of Justice Sawant,the Pune court had slapped the channel with damages of Rs 100 crore.