Cheque-Bounce Proceedings Against Three Wholesalers Quashed: Calcutta High Court
The Calcutta High Court has quashed criminal proceedings against Pravin Kumar Agarwal, Jitendra Mohan Gupta, and Abhishek Gupta, who were accused in a cheque-bounce case involving Ddev Plastiks Industries Limited. The case concerned four dishonoured cheques of Rs. 9,00,000 each, issued by Mahendra Kumar Gupta, Managing Director and authorised signatory of Gupta Power Infrastructure Limited. The three petitioners were Whole-Time Directors but had not signed the cheques. The High Court…
