G.JAYACHANDRAN
B. Ganesh – Appellant
Versus
Superintendent of Police, Central Bureau of Investigation, Chennai – Respondent
1. The petitioner is a Chartered Accountant by profession with 12 years experience. He is also a partner in the firm M/s. Sekaran and Venkatesh. Indian Bank, Korattur Branch has employed the service of the petitioner herein to verify the credentials of one of its borrowers by name M.Murugan, proprietor of MMM Enterprises. The petitioner herein has issued due diligence certificates based on which the bank has extended housing loan for a sum of Rs.20,00,000/- to Murugan. Later it has been found that the certificates and documents such as DIS certificate, statement of bank account maintained with Kotak Mahindra Bank, Porur Branch are forged and fabricated documents and this petitioner along with the builder and others have connived to cheat the Indian Bank by producing due diligence certificate based on fabricated documents and induced Indian Bank to sanction Housing loan of Rs. 20,00,000/- to Murugan. Based on the complaint by the Bank now he is facing trial in C.C.No.2500 of 2017 on the file of Additional Chief Metropolitan Magistrate, Egmore, Chennai for alleged offence under Section 120-B r/w 420, 468 and 471 of I.P.C.
2. The petitioner seeks quash of the criminal prosecu
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