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Issues: (i) Whether the petitioner was entitled to discharge under Section 239 of the Code of Criminal Procedure. (ii) Whether the alleged non-compliance with Section 305 of the Code of Criminal Procedure and the objection based on Section 219 of the Code of Criminal Procedure justified quashment or discharge.
Issue (i): Whether the petitioner was entitled to discharge under Section 239 of the Code of Criminal Procedure.
Analysis: The record contained statements of witnesses indicating the petitioner's involvement in the affairs of the financial establishment. At the stage of discharge, the question was only whether the accusation was groundless or whether there was ground for presuming the commission of an offence. The Court also held that disputed questions, such as whether the petitioner was a sleeping partner or an active partner, could not be decided at that stage.
Conclusion: The petitioner was not entitled to discharge.
Issue (ii): Whether the alleged non-compliance with Section 305 of the Code of Criminal Procedure and the objection based on Section 219 of the Code of Criminal Procedure justified quashment or discharge.
Analysis: The Court held that a corporation or juristic person could be prosecuted, and that it was for the corporate accused to appoint its representative under Section 305 of the Code of Criminal Procedure. Any procedural defect in representation did not justify quashment of the charges. The objection based on Section 219 of the Code of Criminal Procedure was also rejected because the prosecution included a conspiracy charge, requiring a common trial under Section 223 of the Code of Criminal Procedure.
Conclusion: Neither the alleged defect under Section 305 nor the objection under Section 219 entitled the petitioner to relief.
Final Conclusion: The challenge to the order refusing discharge failed, while liberty was preserved for the corporate accused to appoint a representative and for the petitioner to raise other contentions at the proper stage of trial.