https://www.taxtmi.com/caselaws?id=762421 The Gauhati HC dismissed a petition under Section 482 CrPC seeking to quash proceedings under Section 138 NI Act for dishonored cheques. Petitioner issued two post-dated cheques worth Rs. 93,00,000 and Rs. 1,54,00,000 respectively under a Deed of Undertaking for GST payment obligations. The HC found the stipulations in the agreement valid regarding cheque issuance and determined the raised issues were matters for trial rather than grounds for quashing proceedings. The criminal petition was rejected and dismissed. en-us Mon, 18 Nov 2024 00:00:00 +0530 Sun, 01 Dec 2024 09:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762421 The Gauhati HC dismissed a petition under Section 482 CrPC seeking to quash proceedings under Section 138 NI Act for dishonored cheques. Petitioner issued two post-dated cheques worth Rs. 93,00,000 and Rs. 1,54,00,000 respectively under a Deed of Undertaking for GST payment obligations. The HC found the stipulations in the agreement valid regarding cheque issuance and determined the raised issues were matters for trial rather than grounds for quashing proceedings. The criminal petition was rejected and dismissed. Case-Laws Indian Laws Mon, 18 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762421