Both were sentenced by justice SN Variava of the special court on August 27 in a case involving siphoning off around Rs 33 crore from Canfina, a wholly-owned subsidiary of Canara Bank. They were given two weeks to approach the supreme court.

Both the appeals will be heard on September 14. Dalal is being represented by advocate Gupta while VS Kotwal will be his counsel. Mohan's advocate will be Ajay Kandwilkar and his counsel will SR Chitnis. Mohan had fought his case himself in the special court.

Hiten Dalal had been sentenced to seven years rigorous imprisonment under section 120 (B) of the Indian Penal Code (IPC) under charges of criminal conspiracy read with sections 409(criminal breach of trust) and 411 (receiving a stolen property) of IPC.

A fine of Rs 1 lakh was also slapped and in case of default, Hiten Dalal would be liable to serve one-and-half years consequent (in addition to the seven years) imprisonment.

Dalal was also found guilty u/s 411 and sentenced to two years imprisonment. A fine of Rs 50,000 had been also slapped and on default, the imprisonment stands extended by six months. Both the punishments (seven and two years imprisonments) will run concurrently/simultaneously.

Meanwhile, Canfina's Mohan was given seven years rigorous imprisonment u/s 120(b) read with 409 and 411 of IPC. Justice Variava sentenced Mohan for another seven years rigorous imprisonment for committing substantive offence under section 409 and 411 of IPC. While both the punishments will run concurrently, Mohan has been slapped with a Rs 1 lakh fine and in case of default, the punishment stands extended by a year-and-a-half.