Supreme Court · 2014 INSC 152 · Decided 28 February 2014
Cbi, Acb, Mumbai v. Narendra Lal Jain & ORS.
- Court
- Supreme Court of India
- Citation
- 2014 INSC 152 · [2014] 3 S.C.R. 444
- Case number
- CRIMINAL APPEAL No. 517/2014
- Decided
- 28 February 2014
- Bench
- P. SATHASIVAM, RANJAN GOGOI, N.V. RAMANA (3-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- IPC Section 482, 1208, 420; CrPC Section 482; Prevention of Corruption Act Section 13(1)(d)
Headnote
Code of Criminal Procedure, 1973: s.482 - Quashing of C proceedings - Allegation against accused-respondents that they conspired with the bank officials and projected inflated figures of the creditworthiness of the companies represented by them to secure more advances/loans from the bank than to - Accused-respondents charged u/ss. 120- D 81420, /PC - Suit for recovery by Bank - Consent decree - Civil liability of the accused to pay the amount to the bank settled amicably - No subsisting grievance of the bank in this regard - High Court quashed proceedings u/s. 482 - Held: There is no
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