Supreme Court of India

Nimmagadda Prasad v. Central Bureau of Investigation

Neutral citation

Reported as [2013] 3 S.C.R. 493

Bench P. Sathasivam and M.Y. Eqbal JJ.

Decided 9 May 2013

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.

8 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that the appellant cannot be released at this stage, however, we direct the CBI to complete the investigation and file charge sheet(s) as early as possible preferably within a period of four B months from today.

Judgment, page 15

From the headnote

CODE OF CRIMINAL PROCEDURE, 1973: ss. 439 and 173(8) - Bail - Economic offences - Charge- c sheets filed against appellant and others for offences punishable u/ss 420, 409 and 477- /PC and s.13(2) read with s. 13(1 )(c) of Prevention of Corruption Act - Further investigation u/s 173(8) pending - Held: Economic offences constitute a class apart and need to be visited with a different 0 approach in the matter of bail -Economic offences having deep rooted conspiracies and involving huge Joss of public funds need to be viewed seriously and considered as grave offences affecting economy of the

Authorities it was built on

1987 State of Gujarat v. Mohanlal Jitamalji Porwal & Anr. cited by 6

Where later benches applied it

2025 Serious Fraud Investigation Office v. Aditya Sarda referred to
2022 Vijay Madanlal Choudhary & Ors. v. Union of India & Ors. referred to
2024 Prem Prakash v. Union of India through the Directorate of Enforcement mentioned
2023 Tarun Kumar v. Assistant Director Directorate of Enforcement mentioned
2019 P. Chidambaram v. Directorate of Enforcement mentioned
2017 Rakesh Kumar Paul v. State of Assam mentioned
2017 The State of Bihar & Anr. v. Amit Kumar @ Bachcha Ral mentioned
2013 Gulabrao Baburao Deokar v. State of Maharashtra & Ors. mentioned

Of those, 2 referred to · 6 mentioned

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