https://www.taxtmi.com/caselaws?id=298748 An FIR may be quashed where it does not prima facie disclose the essential ingredients of a cognizable offence. The Court treated allegations based mainly on debenture documentation, alleged misstatements, and non-payment as insufficient to show completed cheating, forgery, criminal breach of trust, or conspiracy at the threshold. It also held that conduct essentially amounting to non-compliance with the Companies Act, 1956 could not be recast as IPC offences to avoid the statutory bar under Section 624. Applying the doctrine against circumvention, the Court held that continuation of the police investigation would be an abuse of process and quashed the FIRs and consequential investigations. en-us Tue, 08 Oct 2002 00:00:00 +0530 Thu, 18 Nov 2021 12:39:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298748 An FIR may be quashed where it does not prima facie disclose the essential ingredients of a cognizable offence. The Court treated allegations based mainly on debenture documentation, alleged misstatements, and non-payment as insufficient to show completed cheating, forgery, criminal breach of trust, or conspiracy at the threshold. It also held that conduct essentially amounting to non-compliance with the Companies Act, 1956 could not be recast as IPC offences to avoid the statutory bar under Section 624. Applying the doctrine against circumvention, the Court held that continuation of the police investigation would be an abuse of process and quashed the FIRs and consequential investigations. Case-Laws Companies Law Tue, 08 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298748