Farida Khan v. Union of India Through its Secretary, Ministry of Personnel, P. G. & Pensions, Dept of Personnel &Treasury
2014-07-01
R.V.MORE, U.V.BAKRE
body2014
DigiLaw.ai
Judgment : 1. Heard the learned Counsel for the respective parties. 2. The petitioners have approached this Court by way of aforesaid writ petition filed under Article 226 of the Constitution of India praying the following reliefs: (A) This Court be graciously pleased to direct the respondents no. 2 and 3 to probe and investigate into the financial transactions during the tenure of respondent No. 8 as Chairman of Respondent No. 6 Bank after registration of a regular case against respondent No. 8 for misappropriating the huge fund of Respondent bank and defrauding the securities of Respondent No.6 and the public at large for commission of offences punishable under Sections 420, 409 read with section 120B IPC and 13(10)(a)(C)(D) and (e) of the Prevention of Corruption Act 1988 and monitor the same under its control and supervision. (AA) The Court be graciously pleased to order the constitution of a committee of such financial experts from Reserve Bank of India/ NABARD and or such other appropriate persons and that such committee of experts may be authorized and directed to inquire into the financial accounts of the respondent no. 6 from the year 2001 onwards and fix the civil liability on such guilty persons and further such misappropriated money may be ordered to be recovered from them.” 3. Mr. Amonkar, learned Additional Public Prosecutor appearing on behalf of respondent no. 15 tenders the status report regarding the investigation in C.R. No.52/2009 registered with CID CB EOC under Sections 406, 408, 409, 418 and 420 read with Section 34 of IPC against Mr. Prakash Velip, Mr. Ramakant Phal and Mr. T. V. Verlekar, the then Chairman, Managing Director and Manager respectively of the Goa State Co-operative Bank Ltd. 4. The Status report shows that the above crime was investigated by the Economic Offences Cell of CID. The CID recorded the statements of several witnesses. The report further shows that the CID has also taken assistance of SEBI, NABARD, Reserve Bank of India, National Stock Exchange and Various Chartered Accountants, etc. 5. Mr. Amonkar, learned Additional Public Prosecutor, on the basis of instructions received from Mr. Satish Padwalkar, P.S.I., who is present in the Court, makes a statement that the investigation is almost over and chargesheet would be filed within a period of one month from today in the proper Court. The statement is accepted. 6.
5. Mr. Amonkar, learned Additional Public Prosecutor, on the basis of instructions received from Mr. Satish Padwalkar, P.S.I., who is present in the Court, makes a statement that the investigation is almost over and chargesheet would be filed within a period of one month from today in the proper Court. The statement is accepted. 6. In the light of the above, we are of the view that the petitioners' grievance made in the above petition will no more survive and the petition need not be kept pending. The same is, accordingly disposed of. The status report directed to be returned back to learned Additional Public Prosecutor. 7. Rule is, accordingly, discharged.