https://www.taxtmi.com/caselaws?id=410800 The court quashed the criminal proceedings under section 138 of the Negotiable Instruments Act against the petitioner for dishonored cheques, as the company, whose account the cheques were drawn from, was not named as an accused. The court emphasized that for prosecution under Section 141 of the Act, the company must be included as an accused when a company-issued cheque bounces. The court found the trial court had not followed legal requirements and cited relevant precedents. Consequently, the criminal proceedings were quashed, and the petitioner's petition was dismissed. en-us Thu, 29 Jul 2021 00:00:00 +0530 Tue, 10 Aug 2021 08:57:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410800 The court quashed the criminal proceedings under section 138 of the Negotiable Instruments Act against the petitioner for dishonored cheques, as the company, whose account the cheques were drawn from, was not named as an accused. The court emphasized that for prosecution under Section 141 of the Act, the company must be included as an accused when a company-issued cheque bounces. The court found the trial court had not followed legal requirements and cited relevant precedents. Consequently, the criminal proceedings were quashed, and the petitioner's petition was dismissed. Case-Laws Indian Laws Thu, 29 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410800