https://www.taxtmi.com/caselaws?id=787404 The FIR alleging cheating, conspiracy and corruption was held unsustainable because the materials from the preliminary enquiry, forensic audit and bank communications did not disclose any false representation or dishonest intention at the inception of the transaction. The allegations were found to concern a commercial lending and recovery dispute rather than the essential ingredients of cheating, and there was no concrete material showing collusion or misconduct by any identified public servant or bank official. In the absence of a prima facie case of deception, dishonest inducement or intentional wrongful loss, continuation of the criminal process was treated as a fishing inquiry, and the FIR was quashed. en-us Fri, 27 Feb 2026 00:00:00 +0530 Thu, 05 Mar 2026 08:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787404 The FIR alleging cheating, conspiracy and corruption was held unsustainable because the materials from the preliminary enquiry, forensic audit and bank communications did not disclose any false representation or dishonest intention at the inception of the transaction. The allegations were found to concern a commercial lending and recovery dispute rather than the essential ingredients of cheating, and there was no concrete material showing collusion or misconduct by any identified public servant or bank official. In the absence of a prima facie case of deception, dishonest inducement or intentional wrongful loss, continuation of the criminal process was treated as a fishing inquiry, and the FIR was quashed. Case-Laws Companies Law Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787404