https://www.taxtmi.com/caselaws?id=295048 A second complaint or FIR based on the same transaction and substantially the same facts as an earlier pending complaint is treated as repetitive prosecution and an abuse of process, so fresh proceedings are liable to be quashed. The text also stresses that criminal liability of former or non-executive directors cannot rest on a bare reference to signatures on a prospectus; specific averments showing dishonest or fraudulent intent, active control, or participation at the relevant time are required to disclose a prima facie criminal case. en-us Tue, 30 Apr 2013 00:00:00 +0530 Mon, 17 May 2021 15:10:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295048 A second complaint or FIR based on the same transaction and substantially the same facts as an earlier pending complaint is treated as repetitive prosecution and an abuse of process, so fresh proceedings are liable to be quashed. The text also stresses that criminal liability of former or non-executive directors cannot rest on a bare reference to signatures on a prospectus; specific averments showing dishonest or fraudulent intent, active control, or participation at the relevant time are required to disclose a prima facie criminal case. Case-Laws Companies Law Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295048