High Court of Karnataka Quashes Criminal Proceedings Against Bank Officials in Cheating and Criminal Breach of Trust Case — Lack of Prima Facie Case and Malicious Prosecution Established. Court held that mere failure to repay loan does not constitute criminal offence under Sections 420, 409, 120B IPC without dishonest intention from inception.
2 Feb 2023The petitioners, Ramchandra Krishna Nayari and Gururaj Deshpande, were bank officials working as Senior Manager and Retired Chief Manager respectively...






