MAYURAM SUBRAMANIAN SRINIVASAN vs C.B.I

The Supreme Court addressed the procedural aspects of appeals under the Special Court (Trial of Offences Relating to Transaction in Securities) Act, 1992, specifically Section 10. The Court held that the Special Court's authority under Section 9(4) allows it to suspend sentences pending appeal, and that the provisions of the Supreme Court Rules, 1966 do not apply in this context. The Court affirmed that under Section 389 of the Code of Criminal Procedure, 1973, the appellate court has the discretion to suspend sentences and grant bail, thereby allowing the appeals to proceed without requiring the appellants to surrender.