Search Results for "Financial Irregularities"

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High Court Allows Writ Petition by Cooperative Society Against Ministerial Order Halting Inquiry Under Maharashtra Cooperative Societies Act - Restores Statutory Inquiry into Financial Irregularities by Former Directors

The High Court allowed a writ petition filed by Petitioner challenging an order passed by the Minister for Cooperation that halted a statutory inquiry...

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Supreme Court Dismissed Appeal Seeking Preliminary Inquiry Before FIR Registration. Preliminary Inquiry Not Mandatory for Cognizable Offences — Successive FIRs Do Not Automatically Amount to Harassment — Legal Safeguards Available Against Malicious Prosecution

Registration of FIR is a statutory duty when a cognizable offence is disclosed. The absence of a preliminary inquiry does not vitiate FIRs unless prov...

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Revision Against Auditor’s Re-Audit Report Not Maintainable Under Section 154 of Maharashtra Co-operative Societies Act, 1960. Auditor’s Findings in Re-Audit Report Do Not Constitute a ‘Decision’ or ‘Order’ – Administrative Orders Not Revisable Under Section 154

MCS Act: Section 81 – Deals with audit, test audit, re-audit, and submission of specific and special reports by auditors. MCS Act: Section 154 �...

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Supreme Court Dismisses Appeal, Discharges Ex-CMD in Fraud Case Involving Electrotherm (India) Ltd. Supreme Court finds insufficient evidence against ex-CMD in Rs. 436 crore loan fraud; dismisses CBI's appeal while observing that suspicion alone does not justify charges.

The Supreme Court upheld the discharge of the former Chairman and Managing Director (CMD) of Central Bank of India (Accused No. 7) in a case involving...

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Appellate Court Orders Retrial in Corruption Case Due to Lack of Fair Trial. The High Court orders retrial as the accused was deprived of legal assistance, compromising his right to a fair trial under Article 21.

This case, revolves around allegations of corruption. The appellant, Devidas Joshi, a Sectional Engineer in the Minor Irrigation Department, was convi...

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Supreme Court Cancels Bail Granted to Accused in Fraud Case. Bail once granted can be revoked if it is found to be perverse or based on irrelevant material.

The Supreme Court set aside the bail granted to an accused involved in a ₹79 crore financial fraud case by the Bombay High Court. The accused, alleg...

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Supreme Court Upholds Disciplinary Action in Misconduct Case of Cooperative Officer. A comprehensive legal battle highlighting procedural fairness and administrative integrity

The case involves Bhupendra Singh, an officer in the Cooperative Department of Rajasthan, who faced disciplinary action due to charges of misconduct, ...

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Court Hears Senior Politician's Appeal Against Conviction: A Battle for Electoral Representation. Legal Arguments Clash Over Stay of Conviction for Senior Indian National Congress Leader Amidst Allegations of Financial Misconduct

The application challenges the decision of the learned Sessions Judge, who mechanically rejected the application for stay of conviction without evalua...