Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
In cheque dishonour proceedings arising from commercial transactions, the court applied inherent jurisdiction sparingly to bring criminal proceedings to an end where the parties had voluntarily settled and continuation would serve no useful purpose. It treated offences under the Negotiable Instruments Act as compoundable, noted that the complainant had received the full amount in full and final satisfaction and that execution proceedings had been withdrawn, and found no coercion or fraud in the compromise. On that basis, the offence was compounded, the proceedings were terminated, and the sentence was modified to the period already undergone.
In cheque dishonour proceedings arising from commercial transactions, the court applied inherent jurisdiction sparingly to bring criminal proceedings to an end where the parties had voluntarily settled and continuation would serve no useful purpose. It treated offences under the Negotiable Instruments Act as compoundable, noted that the complainant had received the full amount in full and final satisfaction and that execution proceedings had been withdrawn, and found no coercion or fraud in the compromise. On that basis, the offence was compounded, the proceedings were terminated, and the sentence was modified to the period already undergone.
Note: It is a system-generated summary and is for quick reference only.