CRL MP/6046/2026 of N.Devaraj @ Devarajan Vs The Inspector of Police,
Crl.M.P.No.6046 of 2026
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 06.04.2026
CORAM:
THE HON'BLE MR. JUSTICE A.D.JAGADISH CHANDIRA
Crl.M.P.No.6046 of 2026
in Crl.A.No.402 of 2026
N.Devaraj @ Devarajan ... Petitioner
Vs.
The Inspector of Police,
CBI/ACB
Shastri Bhavan, Chennai. ... Respondent
PRAYER: Criminal Miscellaneous Petition is filed under Section 430(1) of
the Bharatiya Nagarik Suraksha Sanhita , to suspend the sentence of
imprisonment imposed on the appellant/accused by the order and jud gment
dated 09.01.2026 of the learned XXIV Additional City Civil and Se ssions
Judge for CBI Cases relating to Banks and Financial Instituti on Scams,
Chennai, in C.C.No.17 of 2013 and enlarge the petitioner on bail pending
the final disposal of the criminal appeal.
For Petitioner : Mr.K.Gopinath
For Respondent : Mr.N.Baaskaran
Special Public Prosecutor (CBI)
O R D E R
This Criminal Miscellaneous Petition has been filed seeking
suspension of sentence of imprisonment, imposed by the learned XXIV
Additional City Civil and Sessions Judge for CBI Cases relating to Banks
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Crl.M.P.No.6046 of 2026
and Financial Institution Scams, Allikulam, Chennai , in C.C.No.17 of 2013,
vide judgment dated 09.01.2026.
2. The conviction and sentence imposed against the
petitioner/appellant (A5), vide impugned judgment are as follows:-
Under Section Sentence
120B r/w 409, 420, 468,
471 of IPC and Section
13(2) r/w 13(1)(d) of the
Prevention of Corruption
Act
one year rigorous imprisonment and
fine of Rs.5,000/-, in default, to
undergo three months simple
imprisonment.
420 of IPC one year rigorous imprisonment and
fine of Rs.1,000/-, in default, to
undergo three months simple
imprisonment.
468 of IPC one year rigorous imprisonment and
fine of Rs.1,000/-, in default, to
undergo three months simple
imprisonment.
471 r/w 468 of IPC one year rigorous imprisonment and
fine of Rs.1,000/-, in default, to
undergo three months simple
imprisonment.
The sentences ordered to run concurrently.
3. The learned counsel appearing for the petitioner/appellant
submitted that the petitioner/A5, a septuagenarian, is innocent and has been
falsely implicated in this case . He further submitted that t here are arguable
points available in the Criminal Appeal, which is unlikely to be taken up for
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Crl.M.P.No.6046 of 2026
final hearing in the near future and the petitioner/appell ant has a fair chance
of succeeding in the appeal. He also submitted that the fi ne amount has
been paid by the petitioner/appellant. Hence, the sentence im posed on the
petitioner/appellant may be suspended and he may be enlarged on bail.
4. Learned Special Public Prosecutor appearing for the
respondent opposed the suspension of sentence stating that the
petitioner/appellant/A5, in collusion with other accused, by forging and
falsifying the documents, cheated the bank, obtained home loan a nd caused
a whopping financial loss. He further submitted that the t rial Court, after
taking into consideration the oral and documentary evidence pr oduced by
the prosecution, rightly found the petitioner/appellant guilty and convicted
and sentenced him, as stated above.
5. Heard the learned counsel for the petitioner/appellant and
learned Special Public Prosecutor (CBI) appearing for the respondent and
perused the materials on record.
6. Considering the facts and circumstances of the case and
also the submissions made by the learned counsel on either side, t his Court
is inclined to suspend the sentence of imprisonment imposed on the
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Crl.M.P.No.6046 of 2026
petitioner. Accordingly, till the disposal of the appeal, the relief of
suspension of sentence is granted to the petitioner/appell ant, subject to the
following conditions:-
“(i) The petitioner/appellant shall execute a bond
for a sum of Rs.10,000/- (Rupees Ten Thousand only),
with two sureties, each for a like sum to the satisfaction
of the XXIV Additional City Civil and Sessions Judge for
CBI Cases relating to Banks and Financial Institution
Scams, Chennai;
(ii) The petitioner/appellant shall appear before
the trial Court once in six months on the first working
day of the month concerned at 10.30 a.m., until further
orders.
(iii) In the event of the petitioner not being able to
appear before the trial Court on the specified date, he
shall be duly represented by his counsel, who shall file an
application under Section 317 Cr.P.C before the trial
Court and the petitioner shall appear before the trial
Court on such other date(s) as directed by the trial
Court.”
7. Accordingly, the Criminal Miscellaneous Petition stands
ordered.
06.04.2026
ham
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Crl.M.P.No.6046 of 2026
To
1. The XXIV Additional City Civil and Sessions Judge for CBI Cases
relating to Banks and Financial Institution Scams,
Allikulam, Chennai.
2. The Inspector of Police,
CBI/ACB
Shastri Bhavan, Chennai.
3. The Public Prosecutor,
High Court of Madras.
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Crl.M.P.No.6046 of 2026
A.D.JAGADISH CHANDIRA, J.
ham
Crl.M.P.No.6046 of 2026
in Crl.A.No.402 of 2026
06.04.2026
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