bank without verifying the documents or without even making site visit. Had the bank officials gone to the place for site inspection, they could have very well verified whether the statements in the application were true or not. It is not known what is the cheating alleged in this case. It is also not specified what exactly is the forgery alleged. It appears that by making some incorrect or false statements in the loan application, these petitioners and the others obtained a huge amount of loan from the bank. This, by itself, may not come under Sections 420 or 468 IPC. Things require some clarification as to the real nature of the transaction, and the exact act of cheating or forgery. In the present circumstances, I find that the alleged transaction will have civil consequences mainly. Whether the transaction involves the elements of cheating or forgery, requires thorough probe. The whole transaction is covered by documents. Interrogation of the petitioners in custody or their judicial custody during investigation may not be necessary. It will suffice that the petitioners are directed to report before the investigating officer for interrogation periodically. By such interrogation, the investigating officer can collect the required materials for a
