M/S. Mkh Trading Company vs The State Of Karnataka on 17 June, 2025

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(PER: THE HON’BLE MR. JUSTICE VENKATESH NAIK T)

Heard Sri. Gangadhar S.Hosakeri, learned counsel for

the petitioner and Sri. Jairam Siddi, learned HCGP for

respondent – State.

2. The petitioner – accused has filed this petition

under Section 482 of Cr.P.C., to quash the entire

proceedings in C.C.No.169/2015 arising out of P.C.

No.13/2014, on the file of learned Civil Judge and JMFC,

Navalagund, for the offences punishable under Sections

191, 192, 196, 420, 467, 470 and 471 of IPC.

3. Brief facts of the prosecution case is as under;

On 28.01.2011, accused No.1-Mohan Krishtagouda

Hiregoudra was running Shree Venkateshwar Co-operative

Textiles Mill on lease basis at Annigeri. However, he

violated the lease condition. Thus, on 14.05.2011, in the

NC: 2025:KHC-D:7750

HC-KAR

name of Ginning and Pressing Machines of the Mill, he

created false documents in order to borrow loan from the

State Bank of India, accused No.4/Charted Accountant

certified the same as genuine documents and thus,

accused No.1 submitted the forged documents before

accused Nos.2 and 3, who are officials of SBI, Branch

Gadag-Betageri. However, the documents submitted by

accused No.1 were not properly verified by accused No.2.

Thereby, they colluded with accused No.1 and even

accused No.3 did not visit the Mill for inspection and

granted loan amount of Rs.55,00,000/- on Ginning and

Pressing Machines of the Mill. Thereby, accused persons

have caused loss for a tune of Rs.1,95,00,000/-. Hence,

the first informant lodged complaint, which led to

registration of FIR and initiation of investigation.



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