https://www.taxtmi.com/caselaws?id=309283 Process in a complaint against bank officers may be sustained where the complaint contains material showing their active role, possible collusion, and criminal intent; designation alone is insufficient, but personal liability can be inferred from specific allegations and supporting facts. In this matter, the assignment transaction, non-disclosure to the complainant, and the appellants' attributed roles provided a prima facie basis to continue proceedings, including one appellant's signature on the assignment deed. Withdrawal of the complaint against a co-accused did not exonerate the appellants, as their involvement had to be assessed independently on the complaint material. Quashing was therefore refused and the prosecution was allowed to continue. en-us Tue, 21 Mar 2017 00:00:00 +0530 Mon, 21 Aug 2023 22:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309283 Process in a complaint against bank officers may be sustained where the complaint contains material showing their active role, possible collusion, and criminal intent; designation alone is insufficient, but personal liability can be inferred from specific allegations and supporting facts. In this matter, the assignment transaction, non-disclosure to the complainant, and the appellants' attributed roles provided a prima facie basis to continue proceedings, including one appellant's signature on the assignment deed. Withdrawal of the complaint against a co-accused did not exonerate the appellants, as their involvement had to be assessed independently on the complaint material. Quashing was therefore refused and the prosecution was allowed to continue. Case-Laws Indian Laws Tue, 21 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309283