Madan Mohan Dwivedi and Another v. Dena Bank and Others
Case brief
What is this about?
Batch of first appeals arising from suits by a bank against its employees and account holders over a parallel-banking fraud. The Court upheld the joint and several decree against the bank employees and sureties on preponderance of probability, dismissed the bank's appeals against dismissal of its recovery suits, and dismissed the account holders' cross appeals.