https://www.taxtmi.com/caselaws?id=113241 Quashing of criminal proceedings at the initial stage is confined to rare cases where the complaint, accepted at face value, discloses no offence or is fundamentally defective. Allegations of deceptive representations, material non-disclosure and inducement to invest may prima facie support cheating or conspiracy despite risk disclosures or commercial complexity. Detailed evaluation of disputed commercial documents is inappropriate at this stage. Corporate criminal liability may extend to offences requiring mens rea by attributing the intent of controlling persons to the corporation. Proceedings should continue where the pleaded material prima facie establishes deception and inducement. en-us Wed, 20 Oct 2010 00:00:00 +0530 Fri, 29 Mar 2019 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113241 Quashing of criminal proceedings at the initial stage is confined to rare cases where the complaint, accepted at face value, discloses no offence or is fundamentally defective. Allegations of deceptive representations, material non-disclosure and inducement to invest may prima facie support cheating or conspiracy despite risk disclosures or commercial complexity. Detailed evaluation of disputed commercial documents is inappropriate at this stage. Corporate criminal liability may extend to offences requiring mens rea by attributing the intent of controlling persons to the corporation. Proceedings should continue where the pleaded material prima facie establishes deception and inducement. Case-Laws Indian Laws Wed, 20 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113241