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2000 Supreme(Raj) 363

R.R.YADAV, A.K.PARIHAR
D. B. Sogani* – Appellant
Versus
Akhil Bharatiya Bank of Rajasthan Karmchari Sangh – Respondent


Advocates Appeared:
Rajiv Dhawan, Sr. Advocate with Arun Morga and S. Kasliwal, for Appellants Marudhar Mridual, Sr. Advocate with Sanjay Pareek, for Respondent No.1 S.B. Mathur, for Respondent No.2 Paras Kuhad, for Respondent No.3 Naina Saraf, for Respondents Nos. 4 and 5 N

Honble YADAV, J.–This special appeal has been preferred under Section 18 of the Rajasthan High Court Ordinance, 1949, questioning the order dated 27.9.99, passed by a learned Single Judge of this Court, in S.B. Civil Writ Petition No. 2094/99, between Akhil Bharatiya Bank of Rajasthan Karamchari Sangh and others vs. Reserve Bank of India & Ors., whereby, the learned Single Judge has directed the CBI, through its Direc-tor, Jaipur, to hold a thorough investigation right from the time when Bangur Group had started purchasing shares of the Bank of Rajasthan Limited and then controlled the Bank as Managing Director/Directors and by nominee Directors, and as to how and where and in what manner the amount of Bank was siphoned to the sister concerns of the Bangur group and as to how much amount is still due and how much returned or returnable for the purpose of criminal and civil consequences. The learned Single Judge by his impugned order also directed the Reserve Bank of India to take immediate action under Section 36-AA and other provisions of the Banking Regulations Act.

(2). We consider it unnecessary to delineate the facts and circumstances of the case under which the learned Single

























































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