https://www.taxtmi.com/caselaws?id=441670 The court quashed the criminal complaint under Section 138 of the Negotiable Instruments Act, 1881, along with all subsequent proceedings. It was found that the cheque in question was materially altered and forged, violating RBI Guidelines, and the complaint did not disclose this crucial fact. The court emphasized that the altered cheque was not a valid tender under the law, rendering the complaint invalid. Additionally, the authorized signatory, not being a partner or proprietor, could not be held liable. Therefore, the court deemed the continuation of the proceedings as an abuse of the court process and quashed all charges against the accused. en-us Mon, 16 Jan 2023 00:00:00 +0530 Sat, 12 Aug 2023 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441670 The court quashed the criminal complaint under Section 138 of the Negotiable Instruments Act, 1881, along with all subsequent proceedings. It was found that the cheque in question was materially altered and forged, violating RBI Guidelines, and the complaint did not disclose this crucial fact. The court emphasized that the altered cheque was not a valid tender under the law, rendering the complaint invalid. Additionally, the authorized signatory, not being a partner or proprietor, could not be held liable. Therefore, the court deemed the continuation of the proceedings as an abuse of the court process and quashed all charges against the accused. Case-Laws Indian Laws Mon, 16 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441670