Kulamani Parida vs State of Odisha

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

IN THE HIGH COURT OF ORISSA AT CUTTACK
CHITTARANJAN DASH
Kulamani Parida – Appellant
Versus
State of Odisha – Respondent

Advocates Appeared:
For the Appellant : R.K. Rout
For the Respondent: J. Katikia

Table of Content
1. cognizance of financial fraud involving forgery (Para 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10)
2. arguments regarding the chartered accountant's duty (Para 11 , 12)
3. analysis of professional responsibility and involvement in fraud (Para 13 , 14 , 15 , 16)
4. quashing of cognizance due to lack of evidence (Para 17 , 18)

JUDGMENT :

CHITTARANJAN DASH, J.

1. Heard learned counsel for the parties.

2. By means of this application, the Petitioner seeks to quash the order dated 17^th October, 2015 passed in C.T. Case No.3664 of 2014 by the S.D.J.M. Bhubaneswar whereby the court took cognizance of offence under Sections 420 /467/468/471/120-B IPC involving the Petitioner along with others.

3. The background facts of the case is that on 22^nd September, 2014 the complainant, K. Jagannathan, Chief Manager, State Bank of Travancore, Bhubaneswar Branch situated over Plot No.N-1/40, IRC Village, Nayapalli, Bhubaneswar, Dist. Khurda alleged that the State Bank of Travancore, Bhubaneswar Branch had sanctioned financial assistance to the tune of Rs.600 lakhs (working capital limit of Rs.500 lakhs and letter of credit limit of Rs.100 lakhs) to M/s. Chhotray Suppliers, a partnership firm havi

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IN THE HIGH COURT OF ORISSA AT CUTTACKCHITTARANJAN DASHKulamani Parida – AppellantVersusState of Odisha – Respondent

IN THE HIGH COURT OF ORISSA AT CUTTACK
CHITTARANJAN DASH
Kulamani Parida – Appellant
Versus
State of Odisha – Respondent