NATIONAL BANK OF OMAN vs BARAKARA ABDUL AZIZ & ANR.

The Supreme Court held that the accused's actions constituted cheating under Section 420 IPC, as he induced the National Bank of Oman to grant him financial facilities based on false representations. The Court emphasized that the dishonor of cheques issued under a restructuring agreement further substantiated the charge of cheating. The appeal was dismissed, affirming the lower court's decision to proceed with the complaint against the accused for recovery of dues.