In a Calcutta Case, Manager of a Bank Took Security

Multiple Choice

In a Calcutta case, Manager of a Bank took security for overdraft from the customer and caused the security to be entered into the books of the banks. The Manager shortly afterwards returned the security to the customer before satisfaction of the overdraft. The fact of return of security was mentioned in the books of accounts.

A) The Manager acted dishonesty under Section 24
B) The customer acted of dishonesty under Section 24
C) both the Manager and the customer acted dishonestly under Section 24
D) Neither of them is guilty