Penal Code, 1860–Secs. 420 & 120-B–Code of Criminal Procedure, 1973–Sec. 239–Order of discharge–Set aside by the High Court–Justification–Allegation that the petitioner dishonestly induced to grant the approval for establishment of his colleges–There was a disclosure of the fact that the subject land was mortgaged to secure the bank loan but despite the same, the AICTE granted approval for the Business School of Delhi and it never complained that it was under any misinformation in that regard–Mere carelessness on the part of the appellant in filing up the second and third applications and a part of first application also cannot be taken to be motived by deliberate deceptions–No evidence of appellants consciously agreeing or conspiring to deliberately furnish any false information to the AICTE so as to grant its approval–Further, the High Court wrongly invoked the jurisdiction u/s. 482 for setting aside the order–Order of discharge deserves to be restored.
