https://www.taxtmi.com/caselaws?id=443781 Section 482 CrPC cannot be used to quash cheque-dishonour complaints where the complaint pleads the essential ingredients of Sections 138 and 141 of the Negotiable Instruments Act and the nature of the debt, the cheques as security, and the petitioners' role remain disputed. The existence and interpretation of the MOU, the character of the cheques, and whether a legally enforceable debt existed required trial rather than quashing. The Section 14 IBC moratorium protected the corporate debtor, but it did not automatically bar proceedings against natural persons such as directors or persons in charge whose liability may continue under Sections 141 and 32A. The complaints were therefore allowed to proceed. en-us Wed, 27 Sep 2023 00:00:00 +0530 Tue, 03 Oct 2023 08:38:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443781 Section 482 CrPC cannot be used to quash cheque-dishonour complaints where the complaint pleads the essential ingredients of Sections 138 and 141 of the Negotiable Instruments Act and the nature of the debt, the cheques as security, and the petitioners' role remain disputed. The existence and interpretation of the MOU, the character of the cheques, and whether a legally enforceable debt existed required trial rather than quashing. The Section 14 IBC moratorium protected the corporate debtor, but it did not automatically bar proceedings against natural persons such as directors or persons in charge whose liability may continue under Sections 141 and 32A. The complaints were therefore allowed to proceed. Case-Laws Law of Competition Wed, 27 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443781