Home Case Index All Cases Companies Law Companies Law + SC Companies Law - 2003 (8) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2003 (8) TMI 363 - SC - Companies LawWhether the defence taken by the appellant would amount to contempt of court? Held that:- Appeal allowed. When the appellant tried to explain his case in his evidence, the same was shut out on the basis that it is hearsay. An officer of bank who had no personal knowledge of the transactions in question, and was deposing on the basis of material on record, his evidence cannot be from his knowledge and necessarily has to be hearsay. Hence, the learned Judge was not justified in shutting out that part of the evidence. Therefore, set aside the order made by the learned Judge of the Special Court initiating the proceedings for contempt and convicting the appellant for the same. The entire proceedings in relation to contempt of court shall stand set aside.
|