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december 2012

Supreme Court of India · 2012-12-03

National Bank Of Oman vs Barakara Abdul Aziz & Anr

Citation / case number
AIRONLINE 2012 SC 730
Court
Supreme Court of India
Petitioner
National Bank Of Oman
Respondent
Barakara Abdul Aziz & Anr
Bench
K.S. Radhakrishnan, Dipak Misra

Judgment text excerpt

The Supreme Court held that the National Bank of Oman could file a private complaint against Barakara Abdul Aziz for cheating under Section 420 IPC, as the accused had induced the bank to grant loans based on false representations regarding his business. The Court emphasized that the dishonor of cheques and the subsequent absconding of the accused constituted sufficient grounds for the complaint. The Court upheld the jurisdiction of Indian courts to entertain the complaint despite the bank not having a presence in India, affirming the principles of justice and equity.

National Bank Of Oman vs Barakara Abdul Aziz & Anr · Niyam