Supreme Court · 2010 INSC 505 · Decided 12 August 2010
Reserve Bank of India v. GM, COOPE. Bank Deposit Ajc HR. Sha & ORS.
- Court
- Supreme Court of India
- Citation
- 2010 INSC 505 · [2010] 9 S.C.R. 1107
- Case number
- CRIMINAL APPEAL No. 1486/2004
- Decided
- 12 August 2010
- Bench
- H.S. BEDI, C.K. PRASAD (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- CrPC Section 439
Headnote
Code of Criminal Procedure, 1973: s.439 - Bail granted by Magistrate to Ex-Chairman of a Co-operative Bank in a case of misappropriation of the A B c · amounts deposited in the Bank - Order challenged by depositors - High Court though not cancelled the bail, but directed the amounts received by it from D several accused persons to the poor depositors who have invested not more than Rs.10,0001- with the Bank - Reserve Bank of India challenging the said directions - HELD: Far reaching consequences of the directions of the High Court are way beyond the scope of an
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