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1 - 10 of 17 (0.23 seconds)Section 467 in The Indian Penal Code, 1860 [Entire Act]
Section 468 in The Indian Penal Code, 1860 [Entire Act]
Section 471 in The Indian Penal Code, 1860 [Entire Act]
Section 13 in The Prevention of Corruption Act, 1988 [Entire Act]
Section 409 in The Indian Penal Code, 1860 [Entire Act]
Section 477 in The Indian Penal Code, 1860 [Entire Act]
Section 477A in The Indian Penal Code, 1860 [Entire Act]
Section 34 in The Arbitration And Conciliation Act, 1996 [Entire Act]
M/S Reva Electric Car Co.P.Ltd vs M/S Green Mobil on 25 November, 2011
61. The learned counsel for the petitioners has relied upon a
judgment reported in (2012) 2 SCC 93 (Reva Electric Car Company
Private Limited Vs. Green Mobil) (Paras-33 and 34) to submit that
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referring the matter to arbitration by itself cannot be said to be a
crime. There is no dispute so far as this proposition of law is
concerned. However, the said judgment has no bearing in the
present case as the allegations relate to the manner in which the
decision was taken by suppression of material facts in connivance
with the contractor and other co-accused while preparing,
forwarding and placing file note before the competent authority for
taking a decision in the matter and had the file note been properly
prepared and put up before the competent authority, the agenda to
terminate the contract could have been taken to a logical end and
could have a bearing in the decision to send the matter to arbitration.
The allegations also allege criminal conspiracy in the manner in
which decision was taken not to challenge the award and further
decision to implement the award and make payment as per the
award. Some of the details of such allegations have been mentioned
in the above paragraphs. Considering the nature of allegations
involved in the present case and the materials relied upon by the
opposite party collected during investigation, the aforesaid judgment
does not help the petitioners in any manner at this stage of the case.