Supreme Court of India

Reserve Bank of India v. Gm, Coope. Bank Deposit Ajc Hr. Sha & Ors.

Neutral citation
Reported as [2010] 9 S.C.R. 1107
Bench Harjit Singh Bedi and Chandramauli Kr. Prasad JJ.
Decided 12 August 2010

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

4 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that the far reaching consequences of the directions of the High Court are way H 1110 SUPREME COURT REPORTS [2010] 9 S.C.R. A beyond the scope of an application for bail filed by an accused under Section 439 of the Code of Criminal Procedure and the High Court, as much as anyone else, must stay confined to the issues relevant to the matter before it.

Judgment, page 3

From the 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 c · amounts deposited in the Bank - Order challenged by depositors - High Court though not cancelled the bail, but directed the Bank to pay the amounts received by it from 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 application for bail

Where later benches applied it

Of those, 3 relied on · 1 referred to

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