Free Judgments

S V Chauhan vs Cbi/Eou-2 on 7 September, 2015

1. Both the petitions have been heard together and are being
disposed of by a common order.
2. The challenge is against the common order dated 20.7.2012
passed by the learned Special Judge, CBI-05, Patiala House Courts,
New Delhi in R.C No.4E/2008/CBI/EOU-II/New Delhi arising out of

CC No.38/12 whereby charges have been framed against the
petitioners under Section 120B read with Sections 420/468/471 of the
IPC and Section 13(2) read with Section 13(i)(d) of the Prevention of
Corruption Act, 1988.
3. A complaint was lodged on 15.9.2008 by Sh.B.S.Maan, Chief
Manager, Punjab National Bank, Paharganj branch, Delhi alleging that
S.V.Chauhan, PNB House, Hazrat Ganj, Lucknow (petitioner in
W.P(Crl) No.1537/2012), while posted as Chief Manager, Punjab
National Bank, Paharganj, Delhi from 16.5.2006 to 29.4.2008, acted
unlawfully and in conspiracy with Ranjan Kashyap and Y.N.Kashyap,
directors of M/s.R.R.Automotive Components (Pvt) Ltd, sanctioned
and disbursed an amount of Rs.390 lakhs to them under various credit
facilities after taking over of their existing credit facilities from Bank
of India, Mayur Vihar, Phase-I, New Delhi and thereby caused
unlawful gain to them and corresponding unlawful loss to the Punjab
National Bank.

Source: Indian Kanoon