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Source: Economic Times

Economic Times
Source
Banking Sector
Category
4 min
Read time
21 Jul
Published
Banking Sector
4 min read· Economic Times

SC quashes case against Standard Chartered Bank over violations of FERA provisions

The Supreme Court quashed a 23-year-old criminal complaint against Standard Chartered Bank. This decision provided relief to the bank after a lengthy legal process. The court cited a lack of documentary evidence supporting the complaint. It also noted the trial had not progressed beyond serving summons. The Supreme…

The Supreme Court quashed a 23-year-old criminal complaint against Standard Chartered Bank. This decision provided relief to the bank after a lengthy legal process. The court cited a lack of documentary evidence supporting the complaint. It also noted the trial had not progressed beyond serving summons. The Supreme

Source: Economic Times