https://www.taxtmi.com/caselaws?id=193981 Criminal proceedings arising from a predominantly commercial bank loan dispute may be quashed under inherent powers where the parties have fully and finally settled the matter through a court-recorded consent decree, the bank has accepted settlement and issued a no-due certificate, and recovery proceedings stand satisfied. The Court distinguished private compromises and serious public-interest offences, including anti-corruption allegations, but held that where the dispute has no surviving claim and continuation of prosecution would serve no useful purpose, quashing is appropriate to prevent abuse of process and secure the ends of justice. en-us Mon, 29 Jun 2015 00:00:00 +0530 Thu, 24 Aug 2017 18:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193981 Criminal proceedings arising from a predominantly commercial bank loan dispute may be quashed under inherent powers where the parties have fully and finally settled the matter through a court-recorded consent decree, the bank has accepted settlement and issued a no-due certificate, and recovery proceedings stand satisfied. The Court distinguished private compromises and serious public-interest offences, including anti-corruption allegations, but held that where the dispute has no surviving claim and continuation of prosecution would serve no useful purpose, quashing is appropriate to prevent abuse of process and secure the ends of justice. Case-Laws Indian Laws Mon, 29 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193981