Excelsior Correspondent
JAMMU, Sept 28: High Court today refused to quash charges against property valuer of certain banks namely Nitin Kumar Tayal, who is allegedly involved in a bank scam.
The trial court vide order dated November 15, 2014 framed charges against the petitioner under Section120-B read with Sections 419/420/467/468/471 RPC.
After hearing Advocate Rajneesh Oswal for the petitioner whereas Advocate Monika Kohli for the CBI, Justice Sanjay Kumar Gupta observed, “law is clear that contradictions and exaggeration cannot be considered at the stage of framing of charge. It is not the case of petitioner that there is legal bar created in any law for framing of charges against him. In this way, there is enough material to frame the charge against the petitioner”.
“There is enough material that accused-petitioner made gross overvaluation in respect of nonexistent properties in connivance with Mir brothers, who got fraudulently valuation of building constructed on the land of one Krishan Singh and shown the value of land as Rs.1.84 crore and that of building as Rs.15.88 lakh with connivance of petitioner Nitin Tayal”, High Court said.
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