Penal Code, 1860–Secs. 420 & 120-B–Charge for the offence–Quashed by the Revisional Court–Appreciation of–Petitioner-complainant invested with the Kotak Mahindra Life Insurance–It is not the case of the petitioner that the amount given to accused was misappropriated by him and same was not invested in the Company–If some particulars regarding her family status were not filed appropriately in the policy then the same could be rectified upon submitting representation by her to the Company–Policies issued by the company are lying with the petitioner–Merely because the petitioner was induced by the respondent to invest her money in the Insurance Company which is well-reputed Company, does not ipso facto create a criminal liability upon the person who alleged to have induced her–Revisional Court rightly quashed the charge.
