M/S Garware Synthetics Limited Mumbai Thr Managing Director v. the Deogiri Nagari Sahakari Bank Ltd. Aurangabad and Anr.
Case brief
What is this about?
The High Court of Judicature at Bombay, Bench at Aurangabad dismissed a criminal writ petition challenging the issuance of process (summons) against the Petitioner company in a case involving a dishonoured cheque. The Court clarified that under the law, only the company needs to be the accused, and the signatory need not be charged.
What did the court decide?
The criminal writ petition was dismissed as it lacked merits since only the company needs to be the accused.