Bombay High Court Dismisses Appeal by Co-operative Bank in Government Securities Scam Case — Upholds Trial Court's Finding of No Entitlement to Return of Securities or Recovery of Value. The Court held that the plaintiff bank failed to prove its title to the securities and that the transactions were void ab initio due to fraud, and the bank was not entitled to any relief.
7 Apr 2021The appellant, The Amravati Peoples’ Co-operative Bank Ltd. (plaintiff), filed a suit for return of government securities sold by it or in the alter...
