https://www.taxtmi.com/caselaws?id=769101 Criminal proceedings arising from a predominantly commercial bank transaction may be quashed where the parties have fully settled the dispute, the dues have been paid, and a no dues certificate has been issued. The Court noted that the allegations against the bank official were not substantiated and that the matter had overwhelming civil and commercial features. In such circumstances, continuation of prosecution would amount to oppression, abuse of process, and an exercise in futility, particularly where the case is at an early stage and the of conviction is remote and bleak. The proceedings were therefore liable to be quashed. en-us Wed, 16 Apr 2025 00:00:00 +0530 Sat, 19 Apr 2025 08:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769101 Criminal proceedings arising from a predominantly commercial bank transaction may be quashed where the parties have fully settled the dispute, the dues have been paid, and a no dues certificate has been issued. The Court noted that the allegations against the bank official were not substantiated and that the matter had overwhelming civil and commercial features. In such circumstances, continuation of prosecution would amount to oppression, abuse of process, and an exercise in futility, particularly where the case is at an early stage and the of conviction is remote and bleak. The proceedings were therefore liable to be quashed. Case-Laws Indian Laws Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769101