Hdfc Bank Ltd vs The State Of Bihar

The Supreme Court upheld the dismissal of HDFC Bank's writ petition challenging the FIR registered against its officials under various sections of the IPC, including Sections 406, 409, and 420. The Court found that the bank's compliance with the Income Tax Act's Section 132(3) order was insufficient to absolve its officials from liability for facilitating the operation of a bank locker despite a restraining order. The Court emphasized that the actions of the bank officials could amount to criminal conspiracy and misappropriation, thus affirming the High Court's decision.