https://www.taxtmi.com/caselaws?id=312485 The HC dismissed the petition to quash the criminal complaint under Section 482 CrPC. It held that specific averments in the complaint indicated the petitioners, as Directors, were in charge of the accused company's affairs under Sections 138 and 141 of the Negotiable Instruments Act. The court ruled that these matters should be resolved at trial. A cost of Rs. 5,000/- was imposed, to be deposited with the trial court within one month, failing which recovery would proceed as per law. en-us Wed, 28 Nov 2007 00:00:00 +0530 Wed, 21 Feb 2024 14:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312485 The HC dismissed the petition to quash the criminal complaint under Section 482 CrPC. It held that specific averments in the complaint indicated the petitioners, as Directors, were in charge of the accused company's affairs under Sections 138 and 141 of the Negotiable Instruments Act. The court ruled that these matters should be resolved at trial. A cost of Rs. 5,000/- was imposed, to be deposited with the trial court within one month, failing which recovery would proceed as per law. Case-Laws Indian Laws Wed, 28 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312485