https://www.taxtmi.com/caselaws?id=787249 At the pre-summoning stage in a section 138 NI Act prosecution, the Magistrate need not give detailed reasons if the complaint and supporting material disclose a prima facie case and show application of mind. The cheque, dishonour memo, statutory notice and complaint papers were treated as sufficient to sustain the summoning order, and the omission to set out the ingredients of the offence was not fatal on these facts. Initiation of CIRP and later liquidation under the Insolvency and Bankruptcy Code did not automatically bar the cheque dishonour case where the cheque had been issued and dishonoured before insolvency commenced. The prosecution was permitted to continue. en-us Thu, 26 Feb 2026 00:00:00 +0530 Mon, 02 Mar 2026 08:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787249 At the pre-summoning stage in a section 138 NI Act prosecution, the Magistrate need not give detailed reasons if the complaint and supporting material disclose a prima facie case and show application of mind. The cheque, dishonour memo, statutory notice and complaint papers were treated as sufficient to sustain the summoning order, and the omission to set out the ingredients of the offence was not fatal on these facts. Initiation of CIRP and later liquidation under the Insolvency and Bankruptcy Code did not automatically bar the cheque dishonour case where the cheque had been issued and dishonoured before insolvency commenced. The prosecution was permitted to continue. Case-Laws Indian Laws Thu, 26 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787249