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    <title>2023 (10) TMI 798 - DELHI HIGH COURT</title>
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    <description>Specific averments that directors were responsible for day-to-day affairs, that one coordinated delivery of the cheque, and that another was the signatory were sufficient to proceed under Sections 138 and 141 of the Negotiable Instruments Act; quashing was therefore unwarranted. The Section 14 moratorium under the Insolvency and Bankruptcy Code applied only to the corporate debtor and did not bar cheque dishonour proceedings against natural persons arrayed as accused, so the complaint could continue. Section 210 of the Code of Criminal Procedure was inapplicable because the FIR and complaint involved different offences and different factual substrata, so no stay was required.</description>
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      <title>2023 (10) TMI 798 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=444575</link>
      <description>Specific averments that directors were responsible for day-to-day affairs, that one coordinated delivery of the cheque, and that another was the signatory were sufficient to proceed under Sections 138 and 141 of the Negotiable Instruments Act; quashing was therefore unwarranted. The Section 14 moratorium under the Insolvency and Bankruptcy Code applied only to the corporate debtor and did not bar cheque dishonour proceedings against natural persons arrayed as accused, so the complaint could continue. Section 210 of the Code of Criminal Procedure was inapplicable because the FIR and complaint involved different offences and different factual substrata, so no stay was required.</description>
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