V. GANESAN versus STATE REP BY THE SUB INSPECTOR OF POLICE & ANR.

Case summary from SCR

Issue for Consideration Issue arose whether the High Court was justified in declining to quash proceedings u/s.420 IPC. Headnotes† Penal Code, 1860 – s.420 – Offence of cheating – Appellant- movie producer borrowed money from the complainant on assurance that it would in profits – Appellant issued two post-dated cheques towards return of the principal amount – Cheques dishonoured for insufficient funds in the account – Complaint for the offence of cheating and criminal breach of trust – Petition for quashing of report and