Supreme Court of India · 2017-01-31
CENTRAL BANK OF INDIA vs HUSAINY FAKHRUDDIN .
- Citation / case number
- SC 2010/28933
- Court
- Supreme Court of India
- Petitioner
- CENTRAL BANK OF INDIA
- Respondent
- HUSAINY FAKHRUDDIN .
- Author
- KURIAN
- Bench
- A.M. KHANWILKAR KURIAN JOSEPH
Judgment text excerpt
The Supreme Court upheld the High Court's decision directing the Central Bank of India to release deposits made by Respondents 1 to 4, which had been withheld at the request of the Central Bureau of Investigation (CBI). The CBI subsequently withdrew its request, leading the Court to dispose of the appeal without addressing other legal contentions raised by the Bank. The Court mandated the Bank to release the funds within a week of receiving the judgment copy, emphasizing that no further reasons for withholding the deposits were presented.