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KARNATAKA HIGH COURT
Year of decision: 2002
Details
Indian Penal Code, 1860, Section 406, 420, 34, Criminal Procedure Code, 1973, Section 482-- Finance company inviting public to invest their money in company and subsequently cheating depositors by not paying interest and not refunding deposits - All Directors of company, having enjoyed fruits of cheating, cannot be permitted to plead that they were not concerned with collection of..........

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