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2026 DAILYLAW 65738 (MAD)

M/s.VTS Enterprises India Private Ltd. v. M/s.BSG Traders

CRL MP/1078/2026 · 2026-01-28

Sunder Mohan

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Crl.M.P.No.1078 of 2026 in Crl.R.C.No.2781 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 28.01.2026 CORAM: THE HONOURABLE MR. JUSTICE SUNDER MOHAN Crl.M.P.No.1078 of 2026 in Crl.R.C.No.2781 of 2025 1.M/s.VTS Enterprises India Private Ltd., Represented by its Managing Director, Mr.Sathya Narayanan C.Y. S/o.Chinnaswamy Yuvaraj, No.3B, 3rd Floor, No.25, Park Center, Venkatanarayana Road, T.Nagar, Chennai – 600 017. 2.Mr.Sathya Narayanan C.Y S/o.Chinnaswamy Yuvaraj, No.3B, 3rd Floor, No.25, Park Centre, Venkatanarayana Road, T.Nagar, Chennai – 600 017. ...Petitioners -Vs- M/s.BSG Traders, Propietrix, Mr.B.Chandrakala, Represented by her Power Agent, Mr.Balu Bhaskar, S/o Balu Subbaraya Chetty, No.4, Rajiv Gandhi Main Road, Erukkanchery, Chennai – 600 118. ...Respondent 1/4 https://www.mhc.tn.gov.in/judis Crl.M.P.No.1078 of 2026 in Crl.R.C.No.2781 of 2025 PRAYER: Criminal Miscellaneous Petition filed under Section 528 of BNSS, praying to extend the time of three months, to pay the sum of Rs.50,00,000/- in condition no.4(iv) “the petitioner/accused shall also deposit a further sum of Rs.50,00,000/- within a period of four weeks from today’ imposed by the Hon’ble High Court of Madras, in Crl.M.P.No.24292 of 2025 in Crl.R.C.No.2781 of 2025 dated 17.12.2025. For Petitioner : Mr.M.Velmurugan ORDER This petition is filed to extend time for complying with the condition no.4(iv) imposed on the petitioners in Crl.M.P.No.24292 of 2025 in Crl.RC.No.2781 of 2025 dated 17.12.2025. 2.Heard, the learned counsel for the petitioners. 3. Considering the submissions made by the learned counsel for the petitioners, the petitioners are granted six weeks time to comply with the condition no.4(iv) of the order dated 17.12.2025 made in Crl.M.P.No.24292 of 2025 in Crl.RC.No.2781 of 2025, failing which, the order of suspension of sentence granted by this Court shall stand vacated, without further reference to this Court and the respondent shall be at liberty to seek for execution of the impugned Judgment before the trial Court. 2/4 https://www.mhc.tn.gov.in/judis Crl.M.P.No.1078 of 2026 in Crl.R.C.No.2781 of 2025 4.Accordingly, this petition is ordered. 28.01.2026 Tsg To 1.The XXI Additional Sessions Judge, Chennai. 2.The Metropolitan Magistrate, FTC-I, Allikulam, Chennai – 3. 3.The Public Prosecutor, High Court, Madras. 3/4 https://www.mhc.tn.gov.in/judis Crl.M.P.No.1078 of 2026 in Crl.R.C.No.2781 of 2025 SUNDER MOHAN, J. Tsg Crl.M.P.No.1078 of 2026 in Crl.R.C.No.2781 of 2025 28.01.2026 4/4 https://www.mhc.tn.gov.in/judis