Security Cheque Not a Shield Against Prosecution Under NI Act: P&H HC

Aarti Trehan And Another Vs Super Oils (Punjab And Haryana High Court) The Punjab and Haryana High Court dismissed a petition filed under Section 482 of the Code of Criminal Procedure seeking quashing of a criminal complaint and the summoning order passed by the Judicial Magistrate First Class, Ludhiana, in a case under Section 138 of the Negotiable Instruments Act, 1881. The criminal complaint was filed by the respondent, a partnership firm engaged in supplying industrial oils and lubricants. The complaint alleged that petitioner No.1 was the proprietor and person in charge of petitioner No.2...