https://www.taxtmi.com/caselaws?id=282496 The court dismissed all criminal writ petitions, vacated the interim stay, and directed the accused to appear before magistrates on specified dates. It held that the presentation of a winding-up petition does not create a legal disability to make payments. The court found no conflict between Section 138 of the Negotiable Instruments Act and Sections 536(2) and 441(2) of the Companies Act, stating the offense occurs upon dishonour and non-payment within 15 days of notice. en-us Fri, 26 Jun 1998 00:00:00 +0530 Fri, 09 Aug 2019 15:06:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282496 The court dismissed all criminal writ petitions, vacated the interim stay, and directed the accused to appear before magistrates on specified dates. It held that the presentation of a winding-up petition does not create a legal disability to make payments. The court found no conflict between Section 138 of the Negotiable Instruments Act and Sections 536(2) and 441(2) of the Companies Act, stating the offense occurs upon dishonour and non-payment within 15 days of notice. Case-Laws Indian Laws Fri, 26 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282496