Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Dishonour of Cheque - applicability of principles of discharge - allegations of taking the amount on the pretext of Chinese technology - Forged documents and cheating - The High Court held that while the case under Section 138 of the Negotiable Instruments Act was not made out, a prima facie case under Sections 406 and 420 of the Indian Penal Code existed. Consequently, the petition was allowed in part, with the petitioner discharged from liability under Section 138 of the Negotiable Instruments Act but facing further proceedings under Sections 406 and 420 of the Indian Penal Code.
Dishonour of Cheque - applicability of principles of discharge - allegations of taking the amount on the pretext of Chinese technology - Forged documents and cheating - The High Court held that while the case under Section 138 of the Negotiable Instruments Act was not made out, a prima facie case under Sections 406 and 420 of the Indian Penal Code existed. Consequently, the petition was allowed in part, with the petitioner discharged from liability under Section 138 of the Negotiable Instruments Act but facing further proceedings under Sections 406 and 420 of the Indian Penal Code.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
