Supreme Court of India

Cbi, Acb, Mumbai v. Narendra Lal Jain & Ors.

Neutral citation
Reported as [2014] 3 S.C.R. 444
Bench P. Sathasivam, Ranjan Gogoi and N.V. Ramana JJ.
Decided 28 February 2014

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.

3 Supreme Court benches have cited this judgment.

From the headnote

Code of Criminal Procedure, 1973: s.482 - Quashing of 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 they were entitled to - Accused-respondents charged u/ss. 120- 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

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