https://www.taxtmi.com/caselaws?id=167649 The Supreme Court overturned the High Court's decision to quash proceedings under Section 138 of the Negotiable Instruments Act, 1881, based on a director's resignation before the issuance of cheques. The Court emphasized that factual disputes should be resolved at trial, highlighting the burden of proof on the accused to establish innocence. It criticized the High Court for prematurely ending the proceedings without considering the evidence that could be presented during trial, emphasizing that allegations against directors should be adjudicated in a trial setting rather than dismissed early on. en-us Wed, 13 Aug 2008 00:00:00 +0530 Tue, 30 Dec 2014 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167649 The Supreme Court overturned the High Court's decision to quash proceedings under Section 138 of the Negotiable Instruments Act, 1881, based on a director's resignation before the issuance of cheques. The Court emphasized that factual disputes should be resolved at trial, highlighting the burden of proof on the accused to establish innocence. It criticized the High Court for prematurely ending the proceedings without considering the evidence that could be presented during trial, emphasizing that allegations against directors should be adjudicated in a trial setting rather than dismissed early on. Case-Laws Companies Law Wed, 13 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167649