https://www.taxtmi.com/caselaws?id=419276 The court quashed the complaint case under Sections 138/141 of the Negotiable Instruments Act, finding the petitioners not liable as they had resigned before the issuance of the dishonored cheques. The court held that the resignations were effective, and the complaint lacked specific averments attributing responsibility to the petitioners. Consequently, the court exercised its inherent power under Section 482 Cr.P.C. to quash the proceedings, deeming them an abuse of process. The petition was allowed, and the complaint was quashed, with parties directed to bear their own costs. en-us Wed, 23 Feb 2022 00:00:00 +0530 Tue, 08 Mar 2022 08:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419276 The court quashed the complaint case under Sections 138/141 of the Negotiable Instruments Act, finding the petitioners not liable as they had resigned before the issuance of the dishonored cheques. The court held that the resignations were effective, and the complaint lacked specific averments attributing responsibility to the petitioners. Consequently, the court exercised its inherent power under Section 482 Cr.P.C. to quash the proceedings, deeming them an abuse of process. The petition was allowed, and the complaint was quashed, with parties directed to bear their own costs. Case-Laws Indian Laws Wed, 23 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419276