https://www.taxtmi.com/caselaws?id=758997 Criminal proceedings under Section 138 of the Negotiable Instruments Act against persons who were neither partners of the firm nor signatories to the cheque were found unsustainable. The complaint showed that the cheque was issued by the authorised signatory, while the petitioners lacked the basic legal attributes needed to fasten liability for the alleged offence. On that basis, the HC held that continuation of the prosecution would be an abuse of process and that the threshold for exercise of inherent jurisdiction under Section 482 of the Code of Criminal Procedure was met. The proceedings against the petitioners were quashed. en-us Tue, 17 Sep 2024 00:00:00 +0530 Mon, 23 Sep 2024 09:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758997 Criminal proceedings under Section 138 of the Negotiable Instruments Act against persons who were neither partners of the firm nor signatories to the cheque were found unsustainable. The complaint showed that the cheque was issued by the authorised signatory, while the petitioners lacked the basic legal attributes needed to fasten liability for the alleged offence. On that basis, the HC held that continuation of the prosecution would be an abuse of process and that the threshold for exercise of inherent jurisdiction under Section 482 of the Code of Criminal Procedure was met. The proceedings against the petitioners were quashed. Case-Laws Indian Laws Tue, 17 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758997