Search Results for "Chit Fund"

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Supreme Court Quashes Criminal Prosecution Under Sections 420 and 471 IPC Following Settlement of Loan Account Approved by Debts Recovery Tribunal — Criminal proceedings cannot continue after compromise of civil debt where no element of cheating from inception exists.

The case involves an appeal by Vijay Kumar Kela and his proprietary firm against an order of the Chhattisgarh High Court refusing to quash criminal pr...

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Madras High Court Dismisses Writ Appeal; Upholds Rejection of Delayed Appeal Under Section 70 of Chit Funds Act, 1982. Ex-parte Award and Enormous Delay of Three Years Not Condoned by Government.

The writ appeals arose from a chit fund dispute where the appellants, members of a chit fund and one as a guarantor, defaulted in payment. The matter ...

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High Court of Karnataka Directs Release of Petitioner in Multiple Cheque Dishonour Cases on Ground of Default Bail Under Section 167(2) Cr.P.C. — Petitioner Entitled to Default Bail as Investigation Not Completed Within 60 Days of Remand.

The petitioner, Smt. C. Bharathi, was arrested in multiple cases under Section 138 of the Negotiable Instruments Act, 1881, for cheque dishonour. She ...

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Bombay High Court Grants Bail to Accused in Chit Fund Fraud Case on Grounds of Parity and Lack of Prima Facie Evidence of Cheating. Co-accused already granted bail by Sessions Court; applicants similarly placed and entitled to bail under Section 439 CrPC.

The Bombay High Court considered two bail applications under Section 439 of the Code of Criminal Procedure, 1973, filed by Sachin Vasant Shelar (accus...

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High Court of Bombay Considers Appeal Against Rejection of Bail in Malegaon Bomb Blast Case. Accused Charged Under Unlawful Activities (Prevention) Act and Other Serious Offences Seeks Release Pending Trial.

The appeal arose from the rejection of a bail application by the Special Court under the Maharashtra Control of Organized Crime Act, 1999 and the Nati...

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High Court of Karnataka Disposes of Death Reference and Appeals Arising from 2000 Church Bomb Blast Case. Accused Allegedly part of Deendar Anjuman, charged with conspiracy under IPC Sections 120-B, 121-A, 124-A, 153-A.

On December 17, 2014, the High Court of Karnataka delivered a common judgment in Criminal RC No. 3/2008, Criminal Appeal No. 1203/2008, and Criminal A...

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High Court of Karnataka Adjudicates Death Sentence Confirmation and Appeals against Conviction in 2000 Church Bomb Blast. Accused were convicted under Sections 120-B, 121-A, 124-A, 153-A IPC by Trial Court for conspiracy and bomb blast at St. Peter and Paul Church, Bangalore.

The High Court of Karnataka at Bengaluru heard together a criminal reference for confirmation of death sentence and two criminal appeals arising from ...