2006 (2) TMI 304

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.... the Respondent. ORDER 1. This petition is filed under section 482 of the Criminal Procedure Code, 1973 seeking to quash the proceedings in CR. No. 310 of 2005 pending on the Court of Judicial Magistrate First Class, Davanagere. 2. According to the petitioner, he filed an application under section 633(2) of the Companies Act, 1956 seeking to relieve him from the personal criminal liabilit....

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.... and that he had acted honestly and reasonably having regard to the circumstances of the case, then the Court may drop proceedings. To arrive at some conclusion, on the exact nature of the conduct of the petitioner, the matter has to be examined in detail to see whether the conduct was reasonable so as to extend the benefit of exemption from criminal liability. It appears that there were several c....