Gunmala Sales Private Ltd versus Anu Mehta & Ors

IN THE SUPREME COURT OF INDIA

CRIMINAL APPELLATE JURISDICTION

CRIMINAL APPEAL NO.2228 OF 2014

[Arising out of Special Leave Petition (Crl.) No.1724 of 2013]

 

Gunmala Sales Private Ltd….                                                 Appellants

Vs.

Anu Mehta & Ors………….                                                       Respondents

In these appeals, the concern was with the question as to whether the High Court was justified in quashing the proceedings initiated by the Magistrate on the ground that there was merely a bald assertion in the complaint filed under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881 (“the NI Act”) that the Directors were at the time when the offence was committed in charge of and responsible for the conduct and day-to-day business of the accused-company which bald assertion was not sufficient to maintain the said complaint…….read more