https://www.taxtmi.com/caselaws?id=424193 A petition to quash proceedings under Section 138 of the Negotiable Instruments Act was rejected because the cheque was issued and dishonoured after the petitioners had been inducted as partners. The Court held that, in a quashing petition under Section 482 CrPC, it would not decide the disputed question whether the underlying liability related to a period before induction; that issue was left for trial. Section 31(2) of the Partnership Act did not justify quashing on the admitted dates, since the act giving rise to the complaint occurred post-induction. The complaint was therefore permitted to proceed. en-us Thu, 16 Jun 2022 00:00:00 +0530 Fri, 24 Jun 2022 07:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424193 A petition to quash proceedings under Section 138 of the Negotiable Instruments Act was rejected because the cheque was issued and dishonoured after the petitioners had been inducted as partners. The Court held that, in a quashing petition under Section 482 CrPC, it would not decide the disputed question whether the underlying liability related to a period before induction; that issue was left for trial. Section 31(2) of the Partnership Act did not justify quashing on the admitted dates, since the act giving rise to the complaint occurred post-induction. The complaint was therefore permitted to proceed. Case-Laws Indian Laws Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424193