The Madras High Court Bench here has refused to discharge a government employee from a case registered against him on a charge of canvassing depositors who had been cheated by a finance company run by his wife and son in Tiruchi in May 2010.
Justice S. Nagamuthu rejected the plea to discharge C. Chandrasekaran from the case booked under the Tamil Nadu Protection of Interest of Depositors (In Financial Establishments) Act, 1997 though he claimed that he was neither a partner nor in any way connected to the firm.
Pointing out that as many as 218 depositors had been reportedly cheated to the tune of Rs. 45.60 lakh by the finance company, the judge said that the petitioner before the court should necessarily face trial in the case since there were materials to doubt that he had canvassed for deposits.
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