Indian Penal Code (IPC) – Sections 408, 420, 477A and Criminal Procedure Code (Cr.P.C.) – Section 31 & 428 – This Criminal Revision Case challenges the judgment confirming the conviction and sentence passed against the petitioner, who was an Appraiser in a bank. The prosecution alleged that the petitioner provided a false appraisal report for gold ornaments, enabling co-accused to obtain loans and default, causing loss to the bank. The petitioner was charged under Sections 120-B, 408, 420, and 477A r/w 109 of the IPC.
The Trial Court found the petitioner guilty under Sections 408, 420, and 477A of the IPC, sentencing him to two years rigorous imprisonment and a fine of Rs.10,000 for each offense, with consecutive sentences.