Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Bank not a trustee of money deposited by Customers- Customer & Bank are creditor/Debtor: SC

Case Law Details

Case Name
N. Raghavender Vs State of Andhra Pradesh (Supreme Court of India)
Date of Judgement/Order
Only available for paid members
Advertisement N. Raghavender Vs State of Andhra Pradesh (Supreme Court) Section 409 IPC pertains to criminal breach of trust by a public servant or a banker, in respect of the property entrusted to him. The onus is on the prosecution to prove that the accused, a public servant or a banker was entrusted with the property which he is duly bound to account for and that he has committed criminal breach of trust. (See: Sadupati Nageswara Rao State of Andhra Pradesh). The entrustment of public property and dishonest misappropriation or use thereof in the manner illustrated under Section 405 are ...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *