https://www.taxtmi.com/caselaws?id=295051 A second FIR based on substantially similar allegations was quashed as an abuse of process where an earlier complaint had already raised the same accusations. The petitioner's resignation as director in 1997 was supported by Form No. 32 and was not effectively disputed, so he could not be fastened with criminal liability for alleged defaults arising after he had ceased to be associated with the company. As the impugned allegations related to non-forwarding of accounts from 1999-2000 onwards, they did not disclose a prima facie basis to prosecute him after resignation. The FIR was therefore quashed insofar as it concerned the petitioner. en-us Tue, 18 Dec 2012 00:00:00 +0530 Mon, 17 May 2021 15:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295051 A second FIR based on substantially similar allegations was quashed as an abuse of process where an earlier complaint had already raised the same accusations. The petitioner's resignation as director in 1997 was supported by Form No. 32 and was not effectively disputed, so he could not be fastened with criminal liability for alleged defaults arising after he had ceased to be associated with the company. As the impugned allegations related to non-forwarding of accounts from 1999-2000 onwards, they did not disclose a prima facie basis to prosecute him after resignation. The FIR was therefore quashed insofar as it concerned the petitioner. Case-Laws Companies Law Tue, 18 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295051