The capital punishment of the other 10 death row convicts was commuted to life sentence by a bench of justices P Sathasivam and B S Chauhan which also upheld the life term awarded to 16 out of 18 convicts.
The bench also allowed the appeal of CBI against the acquittal of four persons--Sharif Abdul Gafoor Parker, Manoj Kumar Gupta, Farooq Motorwala and Mohd Rafique Usman Shaikh.
The bench said Yakub Memon was the "driving force" and had played a key role in the conspiracy which "warranted death penalty".
While commuting the death sentence of 10 others to life, the bench said they were people of low strata in the society and were without any regular job and had fallen prey to the main conspirators for their "hidden motives".
The 10 convicts whose death sentence was commuted to life term were -- Abdul Gani Ismail Turk, Parvez Nazir Ahmed Shaikh, Mushtaq Tarani, Asghar Mukadam, Shahnawaz Qureshi, Shoaib Ghansar, Firoze Amani Malki, Zakir Hussain, Abdul Akhtar Khan and Farooq Pawale.
It also rejected the contention of Mohammed Moin Faridulla Qureshi, a life convict, seeking discharge from the case on the ground that he was a juvenile at the time of the offence.
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