Bombay HC drops corruption case against an ex bank manager in Mumbai
Thursday, 11 January 2024
Bombay high court on January 9 discharged a former AGM of Central Bank from a case under the Prevention of Corruption Act and offences of cheating, forgery and criminal conspiracy registered by the Central Bureau of Investigation (CBI) in 2018 over an alleged Rs 17 crore loss to the bank's Peddar Road branch and head office, for want of any proof of connivance. The CBI case was that Arvind Sethi, as head of the branch, Mumbai main office of Central Bank of India had fraudulently processed and forwarded a loan proposal for Rs 5 crore without diligence “intentionally’’ to help the co-accused firms.
Bombay high court on January 9 discharged a former AGM of Central Bank from a case under the Prevention of Corruption Act and offences of cheating, forgery and criminal conspiracy registered by the Central Bureau of Investigation (CBI) in 2018 over an alleged Rs 17 crore loss to the bank's Peddar Road branch and head office, for want of any proof of connivance. The CBI case was that Arvind Sethi, as head of the branch, Mumbai main office of Central Bank of India had fraudulently processed and forwarded a loan proposal for Rs 5 crore without diligence “intentionally’’ to help the co-accused firms.
|
||||
|
||||
💡 newsR Knowledge: Other News MentionsBombay High Court Common High court of the Indian states of Maharashtra and GoaBombay HC: PSBs had become Judge and executioner at once; the LOCs their strong-arm tactic to bypass law courtsBombay HC quashes PSBs' LOCs against defaulters, citing violation of fundamental rights. Justice Patel criticizes banks for lack of fair hearing. HC questions..IndiaTimes Syedna Saifuddin is Dawoodi Bohra spiritual head: Bombay high courtBombay HC brought closure to a decade-long legal dispute concerning the succession of the Syedna, the esteemed spiritual leader of the Dawoodi Bohra community,..IndiaTimes Dawoodi Bohra succession row: Bombay HC dismisses suit against appointment of Syedna Mufaddal SaifuddinBombay high court's ruling on the Dawoodi Bohra leader appointment lawsuit emphasized evidence over faith. The dispute showcases succession complexities and..IndiaTimes SC permits medical termination of 30-week pregnancy for minor rape victimIt also set aside the Bombay High Court order declining the plea, filed by the father of the minor, seeking medical termination of her pregnancy.DNA Mumbai Capital of Maharashtra, IndiaWho is Ujjwal Nikam, BJP's pick for Mumbai North Central seatIn a surprise addition to its Lok Sabha candidates list, the BJP has now chosen Ujjwal Nikam to contest from the Mumbai North Central seat. Ujjwal Nikam, known..IndiaTimes Both guns used in Salman Khan house firing recovered from Tapi riverThe Mumbai crime branch, investigating the April 14 shooting incident at actor Salman Khan's residence, has now retrieved the second firearm, accompanied by two..IndiaTimes Congress-led UPA decided 'not to do anything' post 2008 Mumbai attacks: S JaishankarExternal Affairs Minister S Jaishankar criticized the previous Congress-led UPA government for choosing not to retaliate after the 2008 Mumbai terror attacks,..IndiaTimes Central Bureau of Investigation Crime investigating agency of India'Ploy by BJP': TMC moves EC after CBI raids Sandeshkhali locationsTMC raised concerns over the CBI raid during Phase II polling, suspecting BJP-CBI collusion in arms recovery at Sandeshkhali. TMC wrote a letter to EC to raise a..IndiaTimes Sandeshkhali case: Bengal govt moves SC against HC order directing CBI probeWest Bengal moves Supreme Court against CBI probe order in Sandeshkhali. ED raids linked to Mallick in ration scam. Sheikh, key conspirator, in custody. CBI..IndiaTimes CBI conducts raids in several locations in West Bengal in connection with Sandeshkhali caseIndiaTimes Excise case: Delhi court reserves order on BRS leader K Kavitha's bail plea in CBI caseThe Rouse Avenue Court of Delhi on Monday reserved the order on the bail plea moved by Bharatiya Rashtra Samithi (BRS) leader K Kavitha in connection with CBI..IndiaTimes You Might LikeRelated news from verified sources
|