https://www.taxtmi.com/caselaws?id=266441 The High Court of Punjab and Haryana dismissed the petition seeking to quash an FIR registered in Delhi, ruling that it lacked jurisdiction. The Court clarified that "other legal proceedings" under Section 446 of the Companies Act did not cover criminal cases. Additionally, the settlement of civil liabilities did not absolve the petitioners of criminal liability, leading to the dismissal of the petition as not maintainable. en-us Fri, 24 Jul 2015 00:00:00 +0530 Tue, 20 Oct 2015 07:50:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266441 The High Court of Punjab and Haryana dismissed the petition seeking to quash an FIR registered in Delhi, ruling that it lacked jurisdiction. The Court clarified that "other legal proceedings" under Section 446 of the Companies Act did not cover criminal cases. Additionally, the settlement of civil liabilities did not absolve the petitioners of criminal liability, leading to the dismissal of the petition as not maintainable. Case-Laws Companies Law Fri, 24 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266441