SC Sets Aside Patna HC Order; Reaffirms Limits of Section 482 CrPC in Quashing FIRs.
This case concerns a gold loan dispute in which the complainant, Abhishek Singh, claimed that the bank had committed fraud and misappropriation after he paid back his debts but failed to receive the gold he had pledged. Citing it as a counterblast, the High Court dismissed the FIR against bank officials. By assessing the evidence and making conclusions based on malice without a trial, the High Court exceeded its authority under Section 482 CrPC.