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    <title>2026 (5) TMI 195 - SC Order</title>
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    <description>Criminal proceedings based on a commercial supply dispute cannot be sustained where the materials disclose a debt-recovery attempt without a sustainable foundation for criminality. The Court noted that the parties had already pursued cheque-bounce proceedings ending in settlement, and the later complaint relied on limited material that did not establish cheating or link the alleged email acknowledgement to any antecedent criminal act. It also held that, since the company had been ordered to be wound up before the alleged acknowledgement, the director could not bind the company in the manner suggested. The impugned order was set aside and the criminal case was quashed against the appellants.</description>
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    <pubDate>Thu, 30 Apr 2026 00:00:00 +0530</pubDate>
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      <title>2026 (5) TMI 195 - SC Order</title>
      <link>https://www.taxtmi.com/caselaws?id=790993</link>
      <description>Criminal proceedings based on a commercial supply dispute cannot be sustained where the materials disclose a debt-recovery attempt without a sustainable foundation for criminality. The Court noted that the parties had already pursued cheque-bounce proceedings ending in settlement, and the later complaint relied on limited material that did not establish cheating or link the alleged email acknowledgement to any antecedent criminal act. It also held that, since the company had been ordered to be wound up before the alleged acknowledgement, the director could not bind the company in the manner suggested. The impugned order was set aside and the criminal case was quashed against the appellants.</description>
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      <pubDate>Thu, 30 Apr 2026 00:00:00 +0530</pubDate>
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