https://www.taxtmi.com/caselaws?id=196875 Criminal proceedings alleging cheating, forgery and corruption-related offences arising from a bank-credit transaction were quashed after the company and the bank fully settled their dispute and recorded that no claims survived between them. The Court treated the matter as one with substantial civil overtones and a limited criminal dimension, and held that the presence of some non-compoundable offences did not bar quashing where continuation would be futile and serve no useful purpose. The prosecution was therefore terminated, because further proceedings after bona fide settlement would not advance the ends of justice. en-us Wed, 20 Aug 2008 00:00:00 +0530 Sun, 10 Dec 2023 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196875 Criminal proceedings alleging cheating, forgery and corruption-related offences arising from a bank-credit transaction were quashed after the company and the bank fully settled their dispute and recorded that no claims survived between them. The Court treated the matter as one with substantial civil overtones and a limited criminal dimension, and held that the presence of some non-compoundable offences did not bar quashing where continuation would be futile and serve no useful purpose. The prosecution was therefore terminated, because further proceedings after bona fide settlement would not advance the ends of justice. Case-Laws Indian Laws Wed, 20 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196875