HC addressed dishonour of cheque with borrower in insolvency proceedings under IBC, 2016. SC clarified...

HC addressed dishonour of cheque with borrower in insolvency proceedings under IBC, 2016. SC clarified insolvency proceedings don't automatically extinguish criminal proceedings u/s Negotiable Instruments Act. Signatory remains liable despite Code proceedings. Trial conviction upheld, no error in Appellate Court's condition for suspension of sentence. Applicant's appeal dismissed. .....

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