M/S.Astha Hosiery, Bihar State, Rep. by Agarwal and 2 Others v. M/S.Synthetic Engr., Pvt.Ltd.,(Garments Div) Hyd Andanr Rep Pp
Case brief
What is this about?
The High Court dismissed a criminal petition seeking quashal of cheque dishonour proceedings. The Court held that evidence regarding whether the cheque was for a legally enforceable debt or a security deposit must be adjudicated before quashing. The petition is dismissed, and an interim stay is vacated.
What did the court decide?
Petition dismissed. Interim stay vacated. Court directed to dispense with presence of petitioners unless necessary.