Supreme Court of India · 2015-01-12
VINAYAK NARAYAN DEOSTHALI vs C.B.I.
- Citation / case number
- SC 2005/60172
- Court
- Supreme Court of India
- Petitioner
- VINAYAK NARAYAN DEOSTHALI
- Respondent
- C.B.I.
- Author
- N.V. RAMANA
- Bench
- N.V. RAMANA SUDHANSU JYOTI MUKHOPADHAYA
Judgment text excerpt
The Supreme Court upheld the conviction of the appellant under Sections 409, 120B, 403, 477-A/109 IPC and Section 13(2) read with Section 13(1)(d) of the Prevention of Corruption Act, 1988, for criminal breach of trust and conspiracy to cheat UCO Bank. The Court established that the appellant, as a public servant, manipulated bank accounts to facilitate unlawful gains to a stock broker, thereby committing serious financial misconduct. The appeal was dismissed, affirming the lower court's judgment and sentence.