https://www.taxtmi.com/caselaws?id=194465 The petition under Section 482 of Cr. PC seeking to quash proceedings in CC No.995 of 1997 was dismissed by the IV Metropolitan Magistrate, Hyderabad. The petitioner, accused No.2, failed to establish lack of necessary averments under Section 141 of the Negotiable Instruments Act to avoid criminal liability. The Court found the complaint contained sufficient averments indicating the petitioner's active involvement in the Company's affairs, leading to the decision not to quash the proceedings. The trial court was tasked with determining Section 141 compliance based on trial evidence. en-us Thu, 19 Aug 1999 00:00:00 +0530 Fri, 08 Sep 2017 18:31:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194465 The petition under Section 482 of Cr. PC seeking to quash proceedings in CC No.995 of 1997 was dismissed by the IV Metropolitan Magistrate, Hyderabad. The petitioner, accused No.2, failed to establish lack of necessary averments under Section 141 of the Negotiable Instruments Act to avoid criminal liability. The Court found the complaint contained sufficient averments indicating the petitioner's active involvement in the Company's affairs, leading to the decision not to quash the proceedings. The trial court was tasked with determining Section 141 compliance based on trial evidence. Case-Laws Companies Law Thu, 19 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194465