Criminal Law News Indian Bank senior official held in cheating case April 20, 2016 / April 21, 2016 by Legal India News | Leave a Comment A CBI court today sentenced a senior official of city-based public sector Indian Bank to one year rigorous imprisonment in connection with a case of cheating that caused loss of Rs 13.30 lakh to the bank. Indian Bank Senior Manager V Balakrishnan had sanctioned credit facility to two people in 1991 causing Rs 13.30 lakh […] Read more » cheating case Court Criminal news featured Indian Bank Law Legal News
Banking & Finance Law News BCCI-Nimbus row: SC asks banks to deposit Rs 400 cr April 16, 2013 by Legal India Admin | Leave a Comment The Supreme Court today asked three nationalised banks to deposit Rs 400 crore towards securing the claim of BCCI in a dispute over termination of the Rs 1,600-crore contract between the cricket board and Nimbus Communications, pending the hearing of their dispute. A bench of Justices Aftab Alam and Ranjana Desai asked Punjab National Bank, […] Read more » BCCI BCCI-Nimbus row: SC asks banks to deposit Rs 400 cr Indian Bank Justices Aftab Alam and Ranjana Desai Punjab National Bank senior advocate C A Sundaram Union Bank of India
Criminal Law News 3 sent jail for cheating Indian Bank to tune of Rs 14.45 lakh April 20, 2012 / April 20, 2012 by Legal India Admin | Leave a Comment A Metropolitan Magistrate Court has convicted and awarded rigorous imprisonment to three people in a case filed by the CBI, cheating the public sector Indian Bank to the tune of Rs 14.45 lakh. On completion of the trial, Additional Chief Metropolitan Magistrate Egmore convicted Mahavirchand Surana, the prime accused in the case, and second accused […] Read more » Indian Bank Metropolitan Magistrate Court