https://www.taxtmi.com/caselaws?id=311445 Cheating under the Penal Code requires deception with fraudulent or dishonest inducement at the inception of the transaction, so a failed commercial venture without such initial intent does not amount to a criminal offence. A company, being incapable of forming the requisite mens rea, cannot be prosecuted as the perpetrator of cheating or criminal conspiracy under the Penal Code unless a statute expressly provides for corporate liability. Territorial jurisdiction objections were not treated as decisive at the cognizance stage on these facts, and the complaint and process were quashed as an abuse of process in a dispute essentially civil in character. en-us Fri, 08 Aug 2003 00:00:00 +0530 Tue, 26 Dec 2023 15:06:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311445 Cheating under the Penal Code requires deception with fraudulent or dishonest inducement at the inception of the transaction, so a failed commercial venture without such initial intent does not amount to a criminal offence. A company, being incapable of forming the requisite mens rea, cannot be prosecuted as the perpetrator of cheating or criminal conspiracy under the Penal Code unless a statute expressly provides for corporate liability. Territorial jurisdiction objections were not treated as decisive at the cognizance stage on these facts, and the complaint and process were quashed as an abuse of process in a dispute essentially civil in character. Case-Laws Indian Laws Fri, 08 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311445