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    <title>2025 (5) TMI 1358 - Supreme Court</title>
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    <description>In prosecutions under Section 138 of the Negotiable Instruments Act, the question whether a former partner has ceased to be liable under Section 141 depends on compliance with the statutory requirements for retirement under the Partnership Act, including notice and recording of the change. A mere retirement deed or internal arrangement does not, by itself, defeat liability where the complaint contains specific averments of involvement in the firm&#039;s affairs and presence when the cheques were issued. Such disputed facts and mixed questions of fact and law cannot be conclusively resolved in proceedings under Section 482 CrPC, so quashing at that stage was inappropriate and the criminal proceedings were to continue.</description>
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    <pubDate>Mon, 19 May 2025 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=771086</link>
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