2008 (11) TMI 746

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..... Adv., Nr, S.K. Sabharwal, Adv., Mr. Dharam Bir Raj Vohra, Adv. For the Respondent : Mrs. D. Bharathi Reddy, Adv. (NP), Mr. Shekhar G Devasa, Adv., for Mr. Dinesh Kumar Garg, Adv. ORDER Leave granted. This appeal is directed against the judgment and order dated 24th September, 2007, passed by the Andhra Pradesh High Court in Criminal Petition No. 4508 of 2007 quashing the proceedings, being C....

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....hyaru, learned senior counsel appearing in support of the appeal, submitted that the High Court has apparently confused the issue relating to the continuance of the arbitration proceedings as also the criminal proceedings, since when the cheques were dishonoured, a separate liability arose in terms of Section 138 of the Act, whereas the arbitration proceedings were under the agreement signed betwe....