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Section 138 - Insolvency petition - Mere presentation or pendency of insolvency petition does not disentitle the complainant to approach the Criminal Court seeking for punishment to the accused for the offence already committed. (C.T.Thangaraj Vs Murugesan) 2000(1) CIVIL COURT CASES 463 (Madras) : 1999 - 2001 (SUPP.) ISJ (BANKING) 0240 : 1999 (4) ALL INDIA CRIMINAL LR (MADRAS) 0767 : 1999 (4) RCR (CRL.) 0120 : 1999 CRL. L.J. 3436
Section 138 - Insolvency proceedings - Dishonour of cheque - During pendency of insolvency proceedings accused is not absolved from criminal liability under Section 138 even if the accused was declared insolvent - Protection given under Sections 29 and 31 of Provincial Insolvency Act is applicable to debtor in respect of civil detention and civil arrest alone. (B.Kannan Vs B.C.Santhanam) 1999(SUPPL.) CIVIL COURT CASES 260 (Madras) : 1999 ISJ (BANKING) 0557 : 1999 (3) ALL INDIA CRIMINAL LR (MADRAS) 0373 : 1999 (3) RCR (CRL.) 0227
Section 138 - Insolvent - Accused declared insolvent by Insolvency Court - Complaint u/s 138 against accused is maintainable - There is no bar in Negotiable Instruments Act or Insolvency Act - Provisions in Insolvency Act apply only to civil proceedings and as against property of insolvent and not with regard to criminal proceedings. (Bharath N.Mehtha Vs Mansi Finance (Chennai) Ltd.) 1999(SUPPL.) CIVIL COURT CASES 227 (Madras) : 1999 ISJ (BANKING) 0703 : 1999 (2) RCR (CRL.) 0607 : 1999 (2) LW (CRL.) 0483
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