TAMIL NADU NEWS PRINT AND PAPERS LTD. Vs. D. KARUNAKAR AND ORS.
LAWS(SC)-2015-8-41
SUPREME COURT OF INDIA (FROM: MADRAS)
Decided on August 06,2015

Tamil Nadu News Print And Papers Ltd. Appellant
VERSUS
D. Karunakar And Ors. Respondents

JUDGEMENT

- (1.) In these appeals, the order dated 12th April, 2007, passed by the High Court of judicature at Madras in Crl. O.P.Nos. 1222 & 4098 of 2007 and Crl. M.P. No. 1 of 2007, has been challenged.
(2.) By virtue of the impugned order, the High Court has allowed the petitions filed under the provisions of Section 482 of the Code of Criminal Procedure, whereby proceedings in pursuance of C.C. No. 3022 of 2000 on the file of learned IX Metropolitan Magistrate, Saidpet, Chennai in respect of some of the accused have been quashed.
(3.) The facts giving rise to the present appeals, in a nutshell, are as under :- The appellant is a company manufacturing news prints and papers. It had business dealings with M/s Manito Electronics Pvt. Ltd., Accused No.1, a company of which Accused Nos. 2 to 9 were the Directors. Though, all the accused had not filed quashing petitions, the High Court has quashed the proceedings in respect of all the accused, other than Accused No. 1, which is the company and Accused No. 2, who was the Managing Director of the company, who had issued the cheque. A cheuqe for Rs.57,68,524/- (Fifty Seven Lakhs Sixty Eight Thousand Five Hundred and Twenty Four) had been issued on behalf of Accused No. 1 company by Accused No. 2, the Managing Director to the appellant company. As the cheque had not been honoured and in spite of a statutory notice issued, no amount in respect of the said cheque had been paid to the present appellant, a complaint, being CC No. 3022 of 2000 had been filed in the Court of IX Metropolitan Magistrate, Saidpet, Chennai.;


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