https://www.taxtmi.com/caselaws?id=457597 A complaint arising from a commercial and shareholding dispute may be quashed where it suppresses material facts, including earlier company litigation and the true addresses of the parties, and appears to have been filed to create territorial jurisdiction artificially. The Court noted that the dispute concerned corporate investments, alleged conversion of loans into equity, and amalgamation proceedings, and held that the summoning order showed no application of mind and gave no reasons. In these circumstances, continuation of the criminal case would amount to abuse of process and malicious prosecution, so the FIR and all consequential proceedings were liable to be quashed. en-us Thu, 11 Jan 2024 00:00:00 +0530 Mon, 23 Sep 2024 20:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457597 A complaint arising from a commercial and shareholding dispute may be quashed where it suppresses material facts, including earlier company litigation and the true addresses of the parties, and appears to have been filed to create territorial jurisdiction artificially. The Court noted that the dispute concerned corporate investments, alleged conversion of loans into equity, and amalgamation proceedings, and held that the summoning order showed no application of mind and gave no reasons. In these circumstances, continuation of the criminal case would amount to abuse of process and malicious prosecution, so the FIR and all consequential proceedings were liable to be quashed. Case-Laws Indian Laws Thu, 11 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457597