Authority: Supreme Court of India
Order Date: 13 July 2026
Case Overview
- Appellant: V. Balakrishnan, former Branch Manager of Indian Bank, Anna Nagar Branch, aged 76 years.
- Respondent: State represented by the Deputy Superintendent of Police.
- Trial: Conducted in 1990‑1991 for offences under IPC Sections 120B (criminal conspiracy) and 420 (cheating) and under the Prevention of Corruption Act, 1985 (Section 13(2) read with 13(1)(d)).
- Conviction: One year rigorous imprisonment and a fine of Rs 5,000.
- Appeal: Dismissed by the High Court, which affirmed the conviction and sentence.
- Custody: Appellant surrendered in May 2026 and remains in custody; prosecution is approximately 36 years old.
- Counsel: Senior Counsel S. Nagamuthu for the appellant; Additional Solicitor General D.P. Singh for the CBI.
- Bench: Hon'ble Justices J.B. Pardiwala and K. Vinod Chandran.
Final Outcome
- The Court ordered the appellant’s release on bail, subject to conditions the trial court may impose.
- Main appeal scheduled for hearing on 17 August 2026.
- Registry directed to obtain both physical and digital records of the trial court proceedings and furnish them to counsel promptly.
- Order digitally signed by Vishal Anand on 13‑07‑2026 at 18:03:58 IST; Deputy Registrar Court Master (NSH) noted.
Topics: Bail, Criminal Appeal, Banking Sector