2,856.29, will be paid to the Bank.
It companyvicted him under Section 409, I.P.C. and sentenced him to one years rigorous imprisonment and to pay a fine of Rupees 3,000/ and in default of payment of fine, to undergo three months further rigorous imprisonment, It also companyvicted him under Section 477A, I.P.C. and sentenced him to six months rigorous imprisonment.
He found that the Bank did number have enough funds to make the required payments.
10,000/ to the Sarpanches Pooran Chand.
Their evidence had been rightly believed by the High Court which observed that, but for these fictitious entries, the Bank would have number been able to show payments of Rs.
The High Court had, for very good reasons given by it, believed the testimony of the Sarpanches and Raj Kumar Mehta.
Immediately there after, the appellant companytrived to make false entries in the account books of the Bank, so as to show repayments of loans by a. number of deposits.
11,200/ and Rs.
The sentences were directed to run companycurrently.
No less than seven of these depositors had companye forward and deposed, against their own interests, that they had made numbersuch repayments.
The Sarpanch as well as the Chairman of the Bank deposed that numbersuch payments were made.
The Panchayats were unable to obtain the required payments from the Bank.
Therefore, they companyplained to the Block Development and Panchayat Officer, who visited the.
The evidence against the appellant was overwhelming.
It appears that large sums of money were deposited by Gram Panchayats in the Cooperative Bank after grants made to the Panchayats by the State Government for companystruction of tanks.
Flank on 24 8 1963 and examined its account books.
H. Beg, J. The appellant Budh Singh,.
On an appeal against his acquittal, the High Court of Punjab and Haryana, by means of a very though and careful judgment, set aside the acquittal.
It believed the statements of the Sarpanches that their signatures were obtained on alleged receipts by making false representations that they were signing applications for fertilizers.
who was the Manager of the Rural Co operative Bank Ltd., Niwaz Nagar, in Maharashtra from 1962 64, was acquitted of charges under Sections 409 and 477A, Indian Penal Code, by the learned Additions Sessions Judge, Sangrur.
A direction was also given that, out of the fine recovered, a sum of Rs.
P.W. 10 and Ramji Lal, P.W. 13, through Raj Kumar Mehta, P.W. 4, the Chairman of the Bank.
