P S Ayub @ Bommanahalli Babu v. State of Karnataka
Case brief
What is this about?
High Court of Karnataka quashed FIR against petitioner alleging theft of gold sold to Attica Gold. Court held petitioner ceased being Director before crime date per uncontroverted DIR-11 form, making FIR without substance.
What did the court decide?
Writ Petition allowed; Impugned FIR in Crime No.151/2018 quashed. Liberty reserved to State to proceed against company.