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Indian Laws - Highlights / Catch Notes

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Enhancement of credit limit - Criminal Conspiracy - framing of ...

Case Laws     Indian Laws

June 15, 2022

Enhancement of credit limit - Criminal Conspiracy - framing of charges against the Company - maintainability of prosecution proceedings against the company being a juristic person - This Court is of the considered opinion that if the trial is allowed to go, it will amount to gross miscarriage of the justice, since, the petitioner Company cannot be punished/sentenced after being held guilty of committing an offence being a juristic person. Therefore, there would be no purpose to proceed with the trial against the petitioner. - HC

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