https://www.taxtmi.com/caselaws?id=309995 The Madras HC treated the dispute over company property, share transfers and auction proceedings as predominantly civil and held that criminal prosecution should not be used to give it a criminal colour. It noted that an earlier police closure as mistake of fact had attained finality, that the protest petitions were dismissed, and that no new material justified reopening the same controversy. As the materials did not disclose the essential ingredients of cheating, forgery or criminal conspiracy, continuation of the FIRs was regarded as an abuse of process and the proceedings were quashed. en-us Fri, 23 Sep 2022 00:00:00 +0530 Fri, 29 Sep 2023 20:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309995 The Madras HC treated the dispute over company property, share transfers and auction proceedings as predominantly civil and held that criminal prosecution should not be used to give it a criminal colour. It noted that an earlier police closure as mistake of fact had attained finality, that the protest petitions were dismissed, and that no new material justified reopening the same controversy. As the materials did not disclose the essential ingredients of cheating, forgery or criminal conspiracy, continuation of the FIRs was regarded as an abuse of process and the proceedings were quashed. Case-Laws Indian Laws Fri, 23 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309995