https://www.taxtmi.com/caselaws?id=305174 The court ruled in favor of the petitioner, quashing the order taking cognizance of the complaint under Section 138 of the Negotiable Instruments Act. The defense's argument regarding the freezing of bank accounts preventing the honoring of cheques was accepted. The court emphasized the need for compliance with court orders and acting in good faith in legal proceedings. As a result, the petitioner was relieved from further prosecution, and the case was effectively terminated. en-us Thu, 24 Apr 2003 00:00:00 +0530 Mon, 21 Nov 2022 14:34:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305174 The court ruled in favor of the petitioner, quashing the order taking cognizance of the complaint under Section 138 of the Negotiable Instruments Act. The defense's argument regarding the freezing of bank accounts preventing the honoring of cheques was accepted. The court emphasized the need for compliance with court orders and acting in good faith in legal proceedings. As a result, the petitioner was relieved from further prosecution, and the case was effectively terminated. Case-Laws Indian Laws Thu, 24 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305174