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2007 Supreme(Del) 1089

S.RAVINDRA BHAT
R. D. GUPTA – Appellant
Versus
STATE THRU C. B. – Respondent


Advocates Appeared:
D.S.Kohli, R.M.TIWARI


S. RAVINDRA BHAT, J.

( 1 ) THE petitioners are aggrieved by the order of the Special Judge framing charges dated 29th May, 2006. They were arrayed as accused 5 and 6 (hereafter they shall be referred to as A-5 and A-6 ).

( 2 ) BRIEFLY the case of the Central Bureau of investigation (hereafter "cbi"), was that the m/s Kanika Chemicals India through Ashok kumar Singhal and Neeraj Kumar (referred to as A-l and A-2 by the Court and referred to as such in these proceedings) conspired with Deepak Kumar (A-3) and Raj Kumari (A-4), other accused and obtained cash credit facilities to the tune of Rs. 36. 36 lakhs, after depositing false and forged property deeds, owned by Swaran Lata as a collateral security. It was alleged that this amount was not repaid to the Bank.

( 3 ) IT was alleged that the petitioners were directors of M/s Shri Ram Polychem Pvt. Ltd. and that the concern of the accused ashok Kumar Singhal and Neeraj Kumar (M/ s Kanika Chemicals India) had sought for utilization of the limits sanctioned by the bank on the basis of invoices/bills issued by m/s Shri Ram Polichem Pvt. Ltd. The allegation was that such supplies were never actually made.

( 4 ) IN support of the allega
















































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