Gagan Banga vs The State Of West Bengal

The Supreme Court, in Writ Petition (Crl.) No. 166 of 2023, held that financial institutions and their representatives are entitled to protection from criminal proceedings initiated by disgruntled borrowers under Article 14, 19, and 21 of the Constitution of India. The Court directed that the petitioners may approach the jurisdictional High Courts to challenge four FIRs and an ECIR, while staying coercive actions against the financial institution until the petitions are resolved. The interim order from 28.04.2023 was extended to cover all proceedings related to the FIRs and ECIR.