Vikas Garg & Anr vs The State Through Central Bureau Of ...
Judges (1)
Counsel (8)
Case Significance
Vikas Garg & Anr vs The State Through Central Bureau Of ... is a Delhi High Court decision dated February 17, 2026 (citation: ik-153429611). The petitioners, Chartered Accountants who prepared a due diligence report for a bank loan application, sought quashing of charges framed under Sections 120B/420/468/471 IPC and the Prevention of Corruption Act in a CBI case involving fraudulent loan procurement from Corporation Bank. The Court dismissed the petition, finding grave suspicion regarding the petitioners' involvement due to glaring irregularities in their report, including photographs identical to those from another entity's repo The case was heard by Justice Saurabh Banerjee.
Summary
The petitioners, Chartered Accountants who prepared a due diligence report for a bank loan application, sought quashing of charges framed under Sections 120B/420/468/471 IPC and the Prevention of Corruption Act in a CBI case involving fraudulent loan procurement from Corporation Bank. The Court dismissed the petition, finding grave suspicion regarding the petitioners' involvement due to glaring irregularities in their report, including photographs identical to those from another entity's report, and held that the matter could only be tested at trial.
What was the outcome of Vikas Garg & Anr vs The State Through Central Bureau Of ...?
The petitioners, Chartered Accountants who prepared a due diligence report for a bank loan application, sought quashing of charges framed under Sections 120B/420/468/471 IPC and the Prevention of Corr...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-153429611)