FEMA, BANKING amp; INSURANCE : Where appellant-directors of company filed petition before High Court seeking quashing of complaint against them filed under section 138 on ground that they were non-executive directors not responsible for day-to-day affairs of company, since, fact raised by appellants by way of defence was a matter of trial, High Court had rightly not interfered in exercise of its jurisdiction under section 482 CrPC for quashing of complaintFEMA, BANKING amp; INSURANCE : Where appellant-directors of company filed petition before High Court seeking quashing of complaint against them filed under section 138 on ground that they were non-executive directors not responsible for day-to-day affairs of company, since, fact raised by appellants by way of defence was a matter of trial, High Court had rightly not interfered in exercise of its jurisdiction under section 482 CrPC for quashing of complaintwww.taxmann.com Latest Case LawsRead More
