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2015 (8) TMI 1533 - SC - Indian LawsConspiracy - Furnishing of false Search Report/NEC/legal opinion by panel advocates - intent to cheat the bank - facilitate obtaining of loan by the concerned persons - HELD THAT:- Taking into account the contents of the FIR, we are left with the impression that the said allegations are bald and omnibus and do not make any specific reference to the role of the appellants in any alleged conspiracy. In Central Bureau of Investigation versus K. Narayana Rao [2013 (7) TMI 588 - SUPREME COURT] to which one of us (Ranjan Gogoi, J.) was a party, it has been held by this Court that a criminal prosecution on the basis of such bald and omnibus statement/allegations against the panel advocates of the Bank ought not to be allowed to proceed as the same constitute an abuse of the process of the Court and such prosecution may in all likelihood be abortive and futile. The High Court was plainly wrong in refusing to interdict the proceedings against the appellants - Appeal allowed.
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