https://www.taxtmi.com/caselaws?id=305387 A one time settlement cannot extinguish criminal liability where the allegations disclose a coordinated scheme of cheating, forgery and diversion of bank funds. The charge-sheet materials alleged fabricated purchase orders, bills and lorry receipts used to obtain credit facilities, which established a prima facie case of serious economic offences. Quashing or discharge on the basis of settlement is confined to disputes of predominantly civil flavour; it does not apply where the conduct involves fraud, forged documents and wider public consequences. The accused were therefore not entitled to discharge or quashing, and the proceedings were held to continue to trial. en-us Tue, 18 Jul 2017 00:00:00 +0530 Fri, 02 Dec 2022 06:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305387 A one time settlement cannot extinguish criminal liability where the allegations disclose a coordinated scheme of cheating, forgery and diversion of bank funds. The charge-sheet materials alleged fabricated purchase orders, bills and lorry receipts used to obtain credit facilities, which established a prima facie case of serious economic offences. Quashing or discharge on the basis of settlement is confined to disputes of predominantly civil flavour; it does not apply where the conduct involves fraud, forged documents and wider public consequences. The accused were therefore not entitled to discharge or quashing, and the proceedings were held to continue to trial. Case-Laws Indian Laws Tue, 18 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305387