Penal Code, 1860–Secs. 420, 471 & 120-B–Code of Criminal Procedure, 1973–Sec. 482–Criminal proceedings–Quashment–Bank loan–Non-payment–Criminal prosecution–Subsequently, borrowers entered into a settlement in an adroit manner and paid the amount–Quashment of proceedings on the ground that the settlement has been taken place and continuance of proceedings would be a fruitless exercise–Whether proper ?–Held, no.
State Rep. by Inspector of Police Chennai vs. M/s. Intek Eng. & Ser. (P) Ltd. & Ors. (SC)
₹34.00
