FIR Quashed Against HDFC Bank & Officials for Violating Income Tax Department Order, as 'Bank is a Juristic Person with No Mens Rea': Supreme Court

In a significant judgment delivered on October 22, 2024, the Supreme Court quashed an FIR against HDFC Bank and its officials, highlighting crucial interpretations of the Indian Penal Code (IPC) and the Income Tax Act. Case Background The case arose from an FIR registered on November 22, 2021, at Gandhi Maidan Police Station in Patna. The complainant alleged that HDFC Bank and its employees committed multiple offenses, including cheating and…