Railway Employee’s Co-opp. Banking Society Ltd.,Jodhpur vs. State of Raj. & Anr.

Penal Code, 1860–Secs. 420, 427, 177 & 199–Order of taking cognizance–Quashed by revisional Court–Appreciation of–Allegations of furnishing wrong information while taking the loan–Respondent was loanee of LIC Housing Finance Limited–He was not loanee of any bank–No case of cheating–Held, order was rightly quashed by revisional Court.