Case Digest

Matter settled by instructions of DRT, whether criminal proceedings against directors of defaulting company to be quashed [C.B.I V. B.B. Agarwal & Ors. Etc.]

Where criminal complaint was filed against a company and its directors i.e. respondents herein for defrauding a bank, since matter was subsequently settled as per direction of DRT, criminal proceedings against directors were rightly quashed

18 Feb 2019

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