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    <title>2000 (4) TMI 794 - HIGH COURT OF ANDHRA PRADESH</title>
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    <description>Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 does not bar prosecution for cheque dishonour under section 138 of the Negotiable Instruments Act, because such criminal proceedings are not suits for recovery of money or enforcement of security. Complaints under section 141 were also found to be adequately pleaded where they alleged that the managing director and directors were responsible for the conduct of the company&#039;s business; such averments were sufficient to proceed at the quashing stage, with their detailed role left for trial if necessary. The criminal proceedings were therefore not liable to be quashed.</description>
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    <pubDate>Wed, 12 Apr 2000 00:00:00 +0530</pubDate>
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      <title>2000 (4) TMI 794 - HIGH COURT OF ANDHRA PRADESH</title>
      <link>https://www.taxtmi.com/caselaws?id=106014</link>
      <description>Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 does not bar prosecution for cheque dishonour under section 138 of the Negotiable Instruments Act, because such criminal proceedings are not suits for recovery of money or enforcement of security. Complaints under section 141 were also found to be adequately pleaded where they alleged that the managing director and directors were responsible for the conduct of the company&#039;s business; such averments were sufficient to proceed at the quashing stage, with their detailed role left for trial if necessary. The criminal proceedings were therefore not liable to be quashed.</description>
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      <pubDate>Wed, 12 Apr 2000 00:00:00 +0530</pubDate>
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