https://www.taxtmi.com/caselaws?id=374351 The Special Judge (ASJ-3) Nagpur rejected the discharge application of the Chartered Accountant accused of siphoning funds from WWML Company. Prima facie evidence indicated the applicant's involvement in diverting funds, leading to the decision to frame charges against him. Witness statements supported the prosecution's case, emphasizing the applicant's active role in the fraudulent activities. The rejection of the discharge application was upheld, and a special prosecutor was appointed for the trial, expected to conclude by September 2019, signaling the continuation of proceedings without additional costs. en-us Tue, 30 Oct 2018 00:00:00 +0530 Thu, 31 Jan 2019 07:54:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374351 The Special Judge (ASJ-3) Nagpur rejected the discharge application of the Chartered Accountant accused of siphoning funds from WWML Company. Prima facie evidence indicated the applicant's involvement in diverting funds, leading to the decision to frame charges against him. Witness statements supported the prosecution's case, emphasizing the applicant's active role in the fraudulent activities. The rejection of the discharge application was upheld, and a special prosecutor was appointed for the trial, expected to conclude by September 2019, signaling the continuation of proceedings without additional costs. Case-Laws Companies Law Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374351