-
Supreme Court Of India
Hon'ble Judge(s): Abhay S. Oka, Ujjal Bhuyan , JJ
Central Bureau of Investigation v. Srinivas D. SridharD.O.D : 16/10/2024
Appeal Dismissed
Criminal P.C. (2 of 1974) , S.227— Discharge of accused - Legality - Offences of cheating, forgery, criminal conspiracy and under PC Act - Allegation that accused, with object of cheating Bank, granted facilities to Company - Evidence on record showed that proposal had passed through Loan Advisory Committee which recommended same - Respondent's role started with signing the Memorandum after it was approved by the Chief General Manager (Credit) and the Executive Director- Accused's role was confined to signing memorandum prepared by senior officers and participating in Management Committee meeting, which approved proposal - There was no evidence that any of co-accused other than bank officials ever met accused before sanction of proposal by Management Committee - Merely because entire proposal was processed and cleared within short span of time, no offence was made out against accused - Complicity of accused in offence was not made out - Discharge of accused was proper