Corporate insolvency resolution process amended with expanded disclosure, guarantor asset transfer rules, and new dissolution and restoration procedur...
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HC expeditiously addressed a criminal complaint under Section 138 of the Negotiable Instruments Act, finding exceptional circumstances warranting immediate resolution. The court directed the trial court to conclude proceedings within one month, prohibiting further adjournments for the respondent. The trial court must decide pending applications on the same day and proceed with final arguments, effectively preventing deliberate procedural delays. The application was disposed of with specific directives to ensure swift disposal of the criminal complaint.
HC expeditiously addressed a criminal complaint under Section 138 of the Negotiable Instruments Act, finding exceptional circumstances warranting immediate resolution. The court directed the trial court to conclude proceedings within one month, prohibiting further adjournments for the respondent. The trial court must decide pending applications on the same day and proceed with final arguments, effectively preventing deliberate procedural delays. The application was disposed of with specific directives to ensure swift disposal of the criminal complaint.
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