Continuing offence of money-laundering: discharge set aside and proceedings reinstated where laundering continued after inclusion of predicate offence...
International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Dishonour of cheque under the Negotiable Instruments law and vicarious liability of a company officer were central: the managing director, being signatory and in charge of day-to-day affairs, issued cheques in partial discharge of debt and those cheques were dishonoured for insufficiency of funds, and statutory notice remained uncomplied with; on that basis the trial and appellate courts' findings that the offence under the Negotiable Instruments law was made out were upheld. The sentence as modified on appeal was found not to warrant interference and the revision challenging conviction and sentence was dismissed.
Dishonour of cheque under the Negotiable Instruments law and vicarious liability of a company officer were central: the managing director, being signatory and in charge of day-to-day affairs, issued cheques in partial discharge of debt and those cheques were dishonoured for insufficiency of funds, and statutory notice remained uncomplied with; on that basis the trial and appellate courts' findings that the offence under the Negotiable Instruments law was made out were upheld. The sentence as modified on appeal was found not to warrant interference and the revision challenging conviction and sentence was dismissed.
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