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While allowing the appeal filed by the Central Bureau of
Investigation Mr Justice Dipak Misra (as the learned Chief
Justice then was) observed that the case involved
allegations of forgery of documents to embezzle the funds
of the bank. In such a situation, the fact that the dispute
had been settled with the bank would not justify a recourse
to thepower under Section 482:
"...In economic offences Court must not only keep in
view that money has been paid to the bank which
has been defrauded but also the society at large. It is
not a case of simple assault or a theft of a trivial
r amount; but the offence with which we are
concerned is well planned and was committed with a
deliberate design with an eye of personal profit
regardless of consequence to the society at large. To
quash the proceeding merely on the ground that the
accused has settled the amount with the bank
would be a misplaced sympathy. If the
prosecution against the economic offenders are not
allowed to continue, the entire community is
aggrieved."
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upon the gender of an accused. True it is, there are
certain provisions in Code of Criminal Procedure
relating to exercise of jurisdiction Under Section 437,
etc. therein but that altogether pertains to a different
sphere. A person committing a murder or getting
.
involved in a financial scam or forgery of documents,
cannot claim discharge or acquittal on the ground of
her gender as that is neither constitutionally nor
statutorily a valid argument. The offence is gender
neutral in this case. We say no more on this score..."