https://www.taxtmi.com/caselaws?id=299191 The complaint was held not to disclose criminal breach of trust or conspiracy because the accused could be connected only after the transaction had already occurred, and they were not shown to be ordinary directors at the relevant time. The essential ingredients of Section 409 IPC, including entrustment and the required position of control, were absent, especially as the person actually managing the company was not impleaded. Applying the principle that inherent jurisdiction may be used to prevent abuse of process and secure the ends of justice, the SC upheld quashing where the allegations, even taken at face value, did not make out the offences. The proceedings were therefore rightly quashed and the appeals failed. en-us Tue, 14 Oct 1997 00:00:00 +0530 Mon, 06 Dec 2021 13:11:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299191 The complaint was held not to disclose criminal breach of trust or conspiracy because the accused could be connected only after the transaction had already occurred, and they were not shown to be ordinary directors at the relevant time. The essential ingredients of Section 409 IPC, including entrustment and the required position of control, were absent, especially as the person actually managing the company was not impleaded. Applying the principle that inherent jurisdiction may be used to prevent abuse of process and secure the ends of justice, the SC upheld quashing where the allegations, even taken at face value, did not make out the offences. The proceedings were therefore rightly quashed and the appeals failed. Case-Laws Indian Laws Tue, 14 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299191