In Brief
A retired Assistant General Manager of Vijaya Bank faced charges of conspiracy, forgery, and corruption for allegedly sanctioning fraudulent loans of Rs. 3 crore to a shell company using fake documents. He was discharged by the High Court for lack of sanction under anti-corruption laws. The Supreme Court allowed the appeal, holding that sanction is not required once a public servant retires before court takes cognizance. The Court also clarified that when a public servant abuses office as a cloak for unlawful gain or criminal conspiracy, Section 197 CrPC protection does not apply, and the matter must proceed to trial on its merits.
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