Supreme Court of India · 2017-11-03
JAIN COOPERATIVE BANK LTD vs UNION OF INDIA
- Citation / case number
- SC 2017/8325
- Court
- Supreme Court of India
- Petitioner
- JAIN COOPERATIVE BANK LTD
- Respondent
- UNION OF INDIA
- Author
- HON'BLE MR. JUSTICE R.K. AGRAWAL
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE A.M. KHANWILKAR, HON'BLE THE CHIEF JUSTICE
Judgment text excerpt
The Supreme Court directed the formation of a Special Investigation Team (SIT) to investigate allegations of conspiracy and bribery related to a pending case, as outlined in FIR No. RC10(A)/2017-AC.III. The Court emphasized the need for an impartial investigation to uphold judicial independence, rejecting the argument that the petition was an abuse of process, as similar pleas had been previously dismissed in Kamini Jaiswal vs. Union of India. The Court ordered the CBI to transfer all collected evidence to the newly constituted SIT for further action.