LAW FOR ALL

Quashing of criminal case sec.420/120 B- Bank is the complainant - Accused who is not a public servant refund the civil liability to the Bank - Bank has no grievance against the Accused - 420 is compoundable where as sec.120 B not and To the latter offence the ratio laid down in B.S. Joshi (supra) and Nikhil Merchant (supra) would apply if the facts of the given case would so justify. The observation in Gian Singh (supra) (para 61) will not be attracted in the present case in view of the offences alleged i.e. under Sections 420/120B IPC.- CBI, ACB, MUMBAI . ... APPELLANT (S) VERSUS NARENDRA LAL JAIN & ORS. ... RESPONDENT (S) = 2014(Feb.Part) judis.nic.in/supremecourt/filename=41278