Allowed

Lia Gagrat v. State Rep.by

Madras HC6 Jan 2025CRL RC/1968/2023

Case brief

AI extract

What is this about?

Sisters arrayed as accused in nine CBI bank-fraud cases arising from FLCIL's account manipulation challenged dismissal of their discharge petitions under Section 239 CrPC. Holding they had no management role, no overt act was attributed to them, and only an unexplained money trail through their accounts was alleged, the High Court discharged them.

What did the court decide?

Petitioners discharged from all nine cases; connected miscellaneous petitions closed.

Lia Gagrat Vs State Rep.by — Banking and Recovery | Madras HC (2025)

¶1

Crl.R.C.Nos.1968 to 1974 of 2023 & batch etc.,

¶2

IN THE HIGH COURT OF JUDICATURE AT MADRAS

¶3

Reserved on : 18.12.2024

¶4

Pronounced on : 06.01.2025

¶5

CORAM : JUSTICE N.SESHASAYEE

¶6

Crl.R.C.Nos.1968, 1969, 1970, 1971, 1972, 1973, 1974, 1977, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1988 & 1989 of 2023

¶7

and CMP.Nos.18357, 18358, 18359, 18360, 18362, 18363, 18364, 18365, 18366, 18367, 18368, 18369, 18370, 18371, 18382, 18383, 18385, 18388, 18396, 18398, 18399, 18400, 18401, 18402, 18403, 18404, 18405, 18406, 18407, 18408, 18409, 18410, 18414, 18416, 18418 and 18419 of 2023

¶8

1.Lia Gagrat ... Petitioner in Crl.RC.Nos,1968, 1969, 1970, 1971, 1972, 1973, 1974, 1977, 1979 of 2023

¶9

Farah Bakshay ... Petitioner in Crl.RC.Nos.1980, 1981,1983, 1982 1984, 1985, 1986, 1988, 1989 of 2023

¶10

¶11

State Represented by The Inspector of Police Central Bureau of Investigation Bangalore. .... Respondent / Complainant

¶12

1/40

*Petitioner* *Name*	*Crl.R.C.* *Nos.*	*Common Prayer*
Lia Gagrat	1968, 1969, 1970, 1971, 1972, 1973, 1974, 1977, 1979 of 2023	Criminal Revisions filed under Section 397 r/w. 401 Cr.P.C., to set aside the order made in Crl.MP.Nos. 2175, 2169, 2183, 2181, 2167, 2171, 2177, 2179 & 2173 of 2019 dated 26.05.2023 respectively by the learned Additional Chief Metropolitan Magistrate, Egmore, Chennai-8, and discharge the petitioner from the case in C.C.Nos. 8409 of 2018, 8030 of 2018, 4239 of 2019, 4238 of 2019 , 7756 of 2018, 8031 of 2018, 279 of 2019, 4237 of 2019 and 8408 of 2018.
Farah Bakshay	1980, 1981 1982, 1983, 1984, 1985, 1986, 1988, 1989 of 2023	Criminal Revisions filed under Section 397 r/w. 401 Cr.P.C., to set aside the order made in Crl.MP.Nos. 2174, 2166, 2176, 2168, 2170, 2178, 2172, 2182 & 2180 of 2019 dated 26.05.2023 respectively by the learned Additional Chief Metropolitan Magistrate, Egmore, Chennai-8, and discharge the petitioner from the case in C.C.Nos.8409 of 2018, 7756 of 2018, 8030 of 2018, 279 of 2019, 8031 of 2018, 4237 of 2019, 8408 of 2018, 4239 of 2019 and 4238 of 2019.

For Petitioners :	Mr. N.L.Rajah, Senior Advocate
	Assisted by Ms.Jayanthi Shah
For Respondent :	Mr.Srinivasan
	Senior Counsel &
	Special Public Prosecutor for CBI

*Accused* *(1)*	*Rank of* *the* *accused* *(2)*	*Discharge* *Petition No.* *(3)*	*C.C.No. /* *Bank Name* *(4)*		*Amount* *defrauded as* *per charge* *sheet* *( Rs. in crores)* *(5)*	*Criminal* *Revision* *Petition No.* *(6)*
	23	2167 / 2019	7756 / 2018 (IDBI Bank Lt	d.)	273.99	1972 of( 2023
	26	2169 / 2019	8030 / 2018 (State Bank India)	of	248.46	1969 of 2023
	26	2171 / 2019	8031 / 2018 (Bank Maharastra)	of	35.36	1973 of 2023
	25	2173 / 2019	8408 / 2018 (Canara Bank)		44.80	1979 of 2023
Lia Gagrat	25	2175 / 2019	8409 / 2018 (UCO Bank)		142.94	1968 of 2023
	25	2177 / 2019	279 / 2019 (Vijaya Bank)		24.80	1974 of 2023
	24	2179 / 2019	4237 / 2019 (State Bank Mysore – SBI)	of Now	77.74	1977 of 2023
	24	2181 / 2019	4238 / 2019 (Syndicate Ban	k)	102.00	1971 of 2023
	24	2183 / 2019	4239 / 2019 (State Bank Travancore)	of	112.00	1970 of 2023

*Name of the* *accused*	*Rank of* *the* *accused*	*Discharge* *Petition No.*	*C.C.No. /* *Bank Name*	*Amount* *defrauded* *as per* *charge* *sheet* *( Rs. in* *crores)*	*Criminal* *Revision* *Petition No.*
	22	2166 / 2019	7756 / 2018 (IDBI Bank Ltd.)	273.99	1981 of 2023
	25	2168 / 2019	8030 / 2018 (State Bank of India)	248.46	1983 of 2023
	25	2170 / 2019	8031 / 2018 (Bank of Maharastra)	35.36	1984 of 2023
	24	2172 / 2019	8408 / 2018 (Canara Bank)	44.80	1986 of 2023
Farah	24	2174 / 2019	8409 / 2018 (UCO Bank)	142.94	1980 of 2023
Bakshay	24	2176 / 2019	279 / 2019 (Vijaya Bank)	24.80	1982 of 2023
	23	2178 / 2019	4237 / 2019 (State Bank of Mysore – Now SBI)	77.74	1985 of 2023
	23	2180 / 2019	4238 / 2019 (Syndicate Bank)	102.00	1989 of 2023
	23	2182 / 2019	4239 / 2019 (State Bank of Travancore)	112.00	1988 of 2023

What is this about?

What did the court decide?

What is this about?

What did the court decide?

What the court decided

A compact analysis

M/S.Springfield Shelter Pvt. Ltd. Vs Deputy Supreintendetn of Police

M/s.J.G.Spinning Mills P ltd, Htsc NO.193 Vs The Chairman

Umaiyakunjaram Vs State Rep.by, the Deputy Superintendent of Police

K.Shivakumar Vs State Rep by Its

Izuoba Augustine Chibuike Vs Intelligence Officer

Cheran Enterprises Private Limited Vs Union of India