Supreme Court of India
Tamil Nadu Mercantile Bank Ltd. v. State Throuh Deputy Superintendent of Police and Anr.
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From the headnote
CODE OF CRIMINAL PROCEDURE, 1973: s.482 - Quashing of criminal proceedings - Respondents accused defrauding the Bank in collusion with Bank officials - Charge-sheet against respondents-accused and Bank officials for offences punishable u/ss 406, 409, 420 and 120- c /PC filed - High Court quashing criminal proceedings 0 against non-bank officials-accused respondents - Held: High Court erred in interfering with criminal proceedings on the ground that bank could recover the loss caused by fraud through orders of Debt Recovery Tribunal or through the proceedings under the Negotiable Instruments
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