https://www.taxtmi.com/caselaws?id=308105 The court dismissed the petition to quash criminal proceedings, finding a prima facie case of cheating and breach of trust in the FIR. The order taking cognizance of the offenses was upheld, emphasizing the need for further investigation and trial. The distinction between civil and criminal liability in commercial transactions was addressed, with the court highlighting elements of deceit and fraudulent inducement. The jurisdictional challenge based on a pending complaint in another court was rejected, affirming the legitimacy of the proceedings in Calcutta. The trial court was directed to proceed with the case as per the law. en-us Tue, 01 Oct 2019 00:00:00 +0530 Tue, 30 May 2023 21:08:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308105 The court dismissed the petition to quash criminal proceedings, finding a prima facie case of cheating and breach of trust in the FIR. The order taking cognizance of the offenses was upheld, emphasizing the need for further investigation and trial. The distinction between civil and criminal liability in commercial transactions was addressed, with the court highlighting elements of deceit and fraudulent inducement. The jurisdictional challenge based on a pending complaint in another court was rejected, affirming the legitimacy of the proceedings in Calcutta. The trial court was directed to proceed with the case as per the law. Case-Laws Indian Laws Tue, 01 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308105