Supreme Court · 2025 INSC 315 · Decided 3 March 2025

K.S. Mehta v. M/S Morgan Securities and Credits PVT. LTD.

Court
Supreme Court of India
Citation
2025 INSC 315 · [2025] 4 S.C.R. 1
Case number
CRIMINAL APPEAL No. 1105/2025
Decided
3 March 2025
Bench
B.V. NAGARATHNA, SATISH CHANDRA SHARMA (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Criminal
Acts & sections cited
IPC; CrPC Section 482; NI Act Section 141

Headnote

Whether the High Court was justified in dismissing the petitions filed under Section 482 CrPC for quashing of criminal proceedings. Code of Criminal Procedure, 1973 - Whether the High Court is justified in dismissing the petitions sought for the proceedings initiated against the Appellant(s) under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881 - Correctness: Held: The dispute stems from an Inter-Corporate Deposit ("ICD") agreement executed between the accused company and the Respondent

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