Ashoka Gears through Managing Director Gaurav Khanna v. State of Rajasthan
Case brief
What is this about?
The High Court allowed two connected Criminal Revision Petitions filed by Ashoka Gears challenging cheques issued by R.N. Metals India as conditional collateral security, transferring jurisdiction from High Courts to the District Magistrate to prevent abuse of the Section 138 mechanism.
What did the court decide?
High Court to entertain the imigped order/judgment of District Magistrate and allow the petition.