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    <title>2021 (4) TMI 1113 - Supreme Court</title>
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    <description>Criminal proceedings should not be quashed under the High Court&#039;s inherent powers merely because the dispute arises from a commercial agreement or because arbitral remedies are available. The complaint, FIR and charge-sheet must be read on their face to determine whether they disclose the ingredients of cheating or criminal breach of trust, and Section 482 CrPC is to be used sparingly, only in exceptional cases where no offence is made out or the process is abusive. Where the allegations disclose deception or misappropriation, civil or arbitral remedies do not bar prosecution. Applying this standard, the High Court&#039;s blanket treatment of the matter as purely civil was incorrect and the criminal proceedings were restored.</description>
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      <link>https://www.taxtmi.com/caselaws?id=406997</link>
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