Bombay High Court Dismisses Bank's Petition to Quash Criminal Complaint in Loan Dispute — Civil Nature of Dispute Precludes Criminal Investigation. The court held that a loan transaction with clear terms does not give rise to criminal liability for cheating or criminal breach of trust, and quashed the complaint.
5 Apr 2005The petitioner, Kotak Mahindra Bank Limited, filed a writ petition under Article 226 of the Constitution of India read with Section 482 of the Code of...




