2018 (4) TMI 1888

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.... Giri, Senior Counsel for Mr. E. Sampathkumar For the Respondent : Mr. G. Rajagopalan, Additional Solicitor General assisted by Mr. N. Ramesh JUDGMENT (HULUVADI G.RAMESH, J.) Heard the learned counsel appearing for the parties for some time. 2. The writ appeal has been filed by the writ petitioner challenging the order passed by the learned Single Judge declining to interfere with the impugne....

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.... against the bank officials and the appellant. The consequential order of provisional attachment issued by the respondent was challenged in the writ petition. 4. During the course of arguments, it is submitted on behalf of the appellant that the actual loss to the Government is only Rs. 53.5 crores due to the alleged wrongful waiver of interest granted by the Bank in view of the stand taken by th....

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.... entertain the writ petition that too, challenging the provisional order of attachment. It is further seen that the petitioner's attempt to quash the FIR also failed, as this Court dismissed the said Crl.O.P. by specifically holding that unless the investigation gets completed, this court cannot jump into a conclusion that the petitioner is innocent bona fide purchaser and not privy to the all....