Transfer of financial fraud case from Aizawl to Assam denied in absence of any compelling reason

Mahindra And Mahindra Financial Services Ltd Vs State of Mizoram (Gauhati High Court) Gauhati High Court denied to transfer large scale financial fraud case from Aizawl to Assam since sufficient number of witnesses have been listed by the IO to prove the case and there appears to be no compelling reason to transfer the cases. Facts- The petitioner is a Non-Banking Financial Company registered under the Companies Act, 1956, engaged in the business of providing vehicle loans, with pan-India operations including in Mizoram where it has provided vehicle loans to over 23,000 beneficiaries. It is th...