https://www.taxtmi.com/caselaws?id=269405 Private complainant locus standi was upheld in a complaint alleging serious criminality, with the Court holding that a private citizen's right to set the criminal law in motion is not narrowly confined to directly affected shareholders or donors. At the summoning stage, the Court required only a broad review of the complaint and pre-summoning material, not a detailed examination of disputed facts. On that basis, allegations of siphoning party funds, nominal assignment of debt, acquisition of corporate assets, and use of a special purpose vehicle disclosed a prima facie case, and interference under inherent jurisdiction was refused. The criminal proceedings were therefore not quashed at the threshold. en-us Mon, 07 Dec 2015 00:00:00 +0530 Mon, 14 Dec 2015 21:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269405 Private complainant locus standi was upheld in a complaint alleging serious criminality, with the Court holding that a private citizen's right to set the criminal law in motion is not narrowly confined to directly affected shareholders or donors. At the summoning stage, the Court required only a broad review of the complaint and pre-summoning material, not a detailed examination of disputed facts. On that basis, allegations of siphoning party funds, nominal assignment of debt, acquisition of corporate assets, and use of a special purpose vehicle disclosed a prima facie case, and interference under inherent jurisdiction was refused. The criminal proceedings were therefore not quashed at the threshold. Case-Laws Indian Laws Mon, 07 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269405