https://www.taxtmi.com/caselaws?id=19606 The court quashed the prosecution against the company under sections 276C and 277, citing previous judgments that imprisonment was a compulsory punishment unsuitable for companies. It also dismissed the proceedings against individual accused due to vague allegations and lack of opportunity for a hearing before prosecution sanction. The court did not address the impact of pending appeals on criminal prosecution or the validity of charges under section 276C, leaving these issues open for future consideration. en-us Mon, 11 Jul 1994 00:00:00 +0530 Sat, 07 Nov 2009 12:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19606 The court quashed the prosecution against the company under sections 276C and 277, citing previous judgments that imprisonment was a compulsory punishment unsuitable for companies. It also dismissed the proceedings against individual accused due to vague allegations and lack of opportunity for a hearing before prosecution sanction. The court did not address the impact of pending appeals on criminal prosecution or the validity of charges under section 276C, leaving these issues open for future consideration. Case-Laws Income Tax Mon, 11 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19606