https://www.taxtmi.com/caselaws?id=406664 The court quashed the proceedings of a complaint case under sections 406, 420, and 120B of the Penal Code, as it found no prima facie case of initial deception or criminal intent against the petitioners. The dispute regarding non-issuance of duplicate share certificates was determined to fall under the Companies Act, 2013, not constituting offenses under the Penal Code. The court emphasized the careful exercise of jurisdiction under section 482 of the Code of Criminal Procedure and quashed the proceedings to prevent abuse of the legal process. en-us Thu, 25 Mar 2021 00:00:00 +0530 Tue, 20 Apr 2021 12:54:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406664 The court quashed the proceedings of a complaint case under sections 406, 420, and 120B of the Penal Code, as it found no prima facie case of initial deception or criminal intent against the petitioners. The dispute regarding non-issuance of duplicate share certificates was determined to fall under the Companies Act, 2013, not constituting offenses under the Penal Code. The court emphasized the careful exercise of jurisdiction under section 482 of the Code of Criminal Procedure and quashed the proceedings to prevent abuse of the legal process. Case-Laws Indian Laws Thu, 25 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406664