Supreme Court · 2013 INSC 187 · Decided 22 March 2013

M/S. Ghcl Employees Stock Option Trust v. M/S India Infoline Limited

Court
Supreme Court of India
Citation
2013 INSC 187 · [2013] 5 S.C.R. 276
Case number
CRIMINAL APPEAL No. 488/2013
Decided
22 March 2013
Bench
P. SATHASIVAM, M.Y. EQBAL (2-judge bench)
Outcome
Dismissed
Case type
Criminal
Acts & sections cited
IPC Section 415, 409, 34, 1208; CrPC Section 482

Headnote

Code of Criminal Procedure, 1973 - s.482 - Complaint case - Issuance of summons - Quashing of - Respondent c no.1-compf!ny dealt with securities and were registered stock brokers and agents - Appellant opened a Demat Account with respondent no.1-company - Respondent nos.2 to 7 were Secretary and Directors of respondent no.1-company - Complaint filed by appellant 0 alleging that the respondents committed criminal breach of trust and cheating, inasmuch as they sold off 8, 76, 668 shares of the appellant and misappropriated the entire sale proceeds - Metropolitan Magistrate

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