Manohar Singh Jadon was President of the Bank from 5th February, 1997 to 26th March, 2002 and from 27 th March, 2002 to 7th May, 2004.
3 of 2007 on 23 rd June, 2007.
The surety of Ishwar Singh was taken.
In respect of Yogendra Singh, again the allegation is that cash credit limit of Rs.25 lakhs was sanctioned on the basis of his application dated 30 th July, 2001 without companypleting any of the procedural requirements and without mortgage of any of the property.
The same person mortgaged land as in the case of Harshvardhan.
A charge sheet for the offences under Sections 420, 406, 409, 120B IPC and 13 1 d and 13 2 of the Prevention of Corruption Act, 19882 was filed on 9th July, 2008 companysequent to registration of FIR No.
Harshvardhan Singh Jadon accused respondent No.
Saroj Singh mortgaged the land but without any valuation.
2 is the proprietor of M s. Harshvardhan Brothers whereas Yogendra Singh accused respondent No.
The allegation was that Manohar Singh Jadon, deceased father of the respondents in companynivance with other employees of District Cooperative Kendriya Bank Maryadit, Shajapur3 companymitted financial irregularities on the 1 for short, IPC 2 for short, Act 3 for short, Bank basis of forged documents by misusing his post and by providing fake loan to the relatives.
It is also pointed out that an amount of Rs.59,88,327/ was balance on 1st December, 2001 even after depositing Rs.25 lakhs and that the President has done the renewal of cash credit limit at his own level and its companyfirmation was got done later on from the loan Sub Committee, while the case was of the son of the President alone.
It was also alleged that a sum of Rs.25,65,894/ is the balance as on 31st March, 2002 even after withdrawal beyond the approved credit limit of Rs.25 lakhs.
Such order was challenged by the respondents by way of a criminal revision.
Ghanshyam Sharma, General Manager, Ramanlal Acharya, Manager, Ram Singh Yadav, General Manager were also arrayed as accused.
It was alleged that accused Harshvardhan Singh Jadon submitted an application on 2nd November, 2000 for grant of cash credit limit of Rs.25 lakhs and that the cash credit limit was sanctioned without following the due procedure.
The Special Judge passed an order of framing of charges against Harshvardhan Singh Jadon and Yogendra Singh Jadon apart from other accused on 24th February, 2014.
Similar is the assertion in respect of registration of mortgage.
1 is the proprietor of M s. Sarohar Trading Company.
It was also alleged that mortgage deed was number registered number signature of original loanee was found on the mortgage paper.
HEMANT GUPTA, J. The State is aggrieved against an order passed by the High Court of Madhya Pradesh on 2nd May, 2016 whereby the proceedings against the respondents, both sons of late Manohar Singh Jadon, for an offence under Sections 420, 120 B of the Indian Penal Code, 18601 were quashed.
