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Criminal proceedings against accused having business relation with borrower quashed after one-time settlement
Case Law Details
- Case Name
- Apresh Garg And Another Vs Union Of India And 3 Others (Allahabad High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Allahabad High Court
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Apresh Garg And Another Vs Union of India And 3 Others (Allahabad High Court)
Allahabad High Court held that after one time settlement of loan between borrowers and guarantor with bank, the criminal proceedings against accused [who is neither borrower nor guarantor] having business relation with borrower is liable to be quashed.
Facts- The instant application U/s 528 of Bharatiya Nagarik Suraksha Sanhita, 2023 has been preferred by the applicant-Apresh Garg with a prayer to quash the charge-sheet dated 31.01.2024, cognizance / summoning order dated 19.11.2024 under Section 120...
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