Legal Question in Criminal Law in India

I Have Taken a SSi loan in a bank.i did not start the unit .the bank has given the case to cbi. the case is runing for the past 10years.now i want to now if i pay the bank the money has OTS .is the bank has the power to widraw the case.It is a cheating case please relpy


Asked on 10/19/09, 10:36 am

1 Answer from Attorneys

Seshadri Srinivasan www.lawconcern.com

Cheating case cannot be settled by OTS. However there may be other defence.

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Answered on 10/19/09, 8:32 pm


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