https://www.taxtmi.com/caselaws?id=437517 In complaints under Section 138 read with Section 141 of the Negotiable Instruments Act, a quashing petition under Section 482 CrPC will not succeed where the complaint contains specific averments that the accused were involved in obtaining loans, executing loan documents, issuing cheques, or were otherwise responsible for the company's business. The court treated signatures on loan documents, board resolutions, and cheques as material supporting the allegations, and held that disputed issues such as resignation, genuineness of documents, and the exact extent of responsibility must be determined at trial. The summoning orders were therefore sustained and the prosecution was allowed to proceed. en-us Mon, 01 May 2023 00:00:00 +0530 Tue, 09 May 2023 08:05:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437517 In complaints under Section 138 read with Section 141 of the Negotiable Instruments Act, a quashing petition under Section 482 CrPC will not succeed where the complaint contains specific averments that the accused were involved in obtaining loans, executing loan documents, issuing cheques, or were otherwise responsible for the company's business. The court treated signatures on loan documents, board resolutions, and cheques as material supporting the allegations, and held that disputed issues such as resignation, genuineness of documents, and the exact extent of responsibility must be determined at trial. The summoning orders were therefore sustained and the prosecution was allowed to proceed. Case-Laws Indian Laws Mon, 01 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437517