https://www.taxtmi.com/caselaws?id=449214 Specific averments that company directors were in charge of day-to-day affairs and had assured honouring of cheques were treated as sufficient to sustain complaints under Sections 138 and 141 of the Negotiable Instruments Act, 1881. The High Court's Section 482 CrPC jurisdiction was held to be limited, and at the summoning stage it could not undertake a detailed merits inquiry or quash proceedings unless the material was sterling and unimpeachable. The petitioners' plea that they had resigned before presentation and dishonour was held to be a matter for evidence, so the summoning orders were sustained and the complaints were allowed to proceed. en-us Tue, 06 Feb 2024 00:00:00 +0530 Wed, 07 Feb 2024 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449214 Specific averments that company directors were in charge of day-to-day affairs and had assured honouring of cheques were treated as sufficient to sustain complaints under Sections 138 and 141 of the Negotiable Instruments Act, 1881. The High Court's Section 482 CrPC jurisdiction was held to be limited, and at the summoning stage it could not undertake a detailed merits inquiry or quash proceedings unless the material was sterling and unimpeachable. The petitioners' plea that they had resigned before presentation and dishonour was held to be a matter for evidence, so the summoning orders were sustained and the complaints were allowed to proceed. Case-Laws Indian Laws Tue, 06 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449214