https://www.taxtmi.com/caselaws?id=305602 The SC overturned the AP HC's decision to quash criminal proceedings under Section 138 of the Negotiable Instruments Act, 1981, which was based on the commencement of arbitration proceedings. The SC held that arbitration and criminal proceedings can proceed simultaneously if they arise from separate causes of action. It accepted the appellant's argument that the dishonored cheques created a distinct liability under Section 138, separate from the arbitration. Consequently, the SC set aside the HC's order and directed the complaint to be reinstated before the IInd Additional Chief Metropolitan Magistrate, Hyderabad, for further proceedings as per law. en-us Tue, 11 Nov 2008 00:00:00 +0530 Tue, 12 Nov 2024 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305602 The SC overturned the AP HC's decision to quash criminal proceedings under Section 138 of the Negotiable Instruments Act, 1981, which was based on the commencement of arbitration proceedings. The SC held that arbitration and criminal proceedings can proceed simultaneously if they arise from separate causes of action. It accepted the appellant's argument that the dishonored cheques created a distinct liability under Section 138, separate from the arbitration. Consequently, the SC set aside the HC's order and directed the complaint to be reinstated before the IInd Additional Chief Metropolitan Magistrate, Hyderabad, for further proceedings as per law. Case-Laws Indian Laws Tue, 11 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305602