Bombay High Court Allows Petition for Cancellation of Bank Guarantee Kept Alive for 21 Years in Edible Oils Confiscation Case — Unreasonable Delay and Failure to Prosecute Justify Release of Security. The court held that keeping a bank guarantee alive for over two decades without any progress in the criminal case is unreasonable and warrants interference under Article 226 and Section 482 Cr.P.C.
5 Oct 2006The petitioner, Kanji Kalyanji & Co., a firm, filed a criminal writ petition under Article 226 of the Constitution of India and Section 482 of the Cod...
