Supreme Court · 2001 INSC 94 · Decided 16 February 2001
Alpic Finance LTD. v. P. Sadasivan and ANR.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 94 · [2001] 1 S.C.R. 1059
- Case number
- CRIMINAL APPEAL No. 194/2001
- Decided
- 16 February 2001
- Bench
- S. RAJENDRA BABU, K.G. BALAKRISHNAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- IPC; CrPC Section 420, 406, 423, 42, 93, 482
Headnote
B Penal Code, 1860/Criminal Procedure Code, 1973-Sections 420, 406, 423, 42./ r/11• 120-BI 93. 482-Lease finance for purchase of dental chairs­ Default in payment of rental instalments by respondents to finance company­ Missing of certain chairs from the premises of no wilful misrepresentation or fraudulent inducement by re;,pondents at the time of entering into lease agreement-Quashing of criminal proceedings justified. Appellant, a non-banking financial company, financed an amount of D Rs. 92,50,000 to respondents, who are trustees of a trust running a
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