Punjab State Warehousing Corp vs Bhushan Chander & Anr on 29 June, 2016
14] In the case of Punjab State Warehousing Corporation Vs.
Bhushan Chander and others, reported in (2016)13 SCC 44, the
Honourable Apex Court, dealt with the various judicial pronouncements
relating to prosecution sanction under Section 197 of Cr.P.C. and it has been
held that the prosecution sanction in terms of Section 197 of Cr.P.C. for the
offence under Sections 406, 409, 420, 467, 468, 471, 120-B of IPC, is not
necessary for taking cognizance of the allegations by the Court. Extract of
observations in para. 19 is reproduced hereinbelow :-