https://www.taxtmi.com/caselaws?id=461487 Proceedings under Section 138 of the Negotiable Instruments Act are not liable to be stayed merely because related civil or arbitral proceedings are pending. The criminal complaint rests on an independent cause of action, separate from recovery or arbitral claims arising from the same transaction. An award may provide a defence in the complaint, but its effect depends on the facts and circumstances of the case; mere pendency of objections to the award does not justify halting prosecution. The stay order was therefore unsustainable and was set aside, with the complaints directed to proceed in accordance with law. en-us Fri, 17 Dec 2004 00:00:00 +0530 Wed, 09 Apr 2025 14:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461487 Proceedings under Section 138 of the Negotiable Instruments Act are not liable to be stayed merely because related civil or arbitral proceedings are pending. The criminal complaint rests on an independent cause of action, separate from recovery or arbitral claims arising from the same transaction. An award may provide a defence in the complaint, but its effect depends on the facts and circumstances of the case; mere pendency of objections to the award does not justify halting prosecution. The stay order was therefore unsustainable and was set aside, with the complaints directed to proceed in accordance with law. Case-Laws Indian Laws Fri, 17 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461487