https://www.taxtmi.com/caselaws?id=754099 HC quashed criminal proceedings in cheque dishonour case, finding it constituted malicious prosecution. Petitioners had issued cheques as security for financial transaction with complainant's company. When loan wasn't repaid, petitioners filed Section 138 NI Act complaint in Chhattisgarh. Complainant then filed criminal conspiracy case in Jharkhand, alleging forged bills without material supply. Court held dispute was civil in nature arising from agreement, and complainant filed criminal case to circumvent civil proceedings after learning of petitioners' complaint. Entire criminal proceeding including cognizance order quashed as malicious prosecution. en-us Wed, 12 Jun 2024 00:00:00 +0530 Tue, 18 Jun 2024 08:28:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754099 HC quashed criminal proceedings in cheque dishonour case, finding it constituted malicious prosecution. Petitioners had issued cheques as security for financial transaction with complainant's company. When loan wasn't repaid, petitioners filed Section 138 NI Act complaint in Chhattisgarh. Complainant then filed criminal conspiracy case in Jharkhand, alleging forged bills without material supply. Court held dispute was civil in nature arising from agreement, and complainant filed criminal case to circumvent civil proceedings after learning of petitioners' complaint. Entire criminal proceeding including cognizance order quashed as malicious prosecution. Case-Laws Indian Laws Wed, 12 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754099