Criminal Proceedings in Goa Business Partnership Dispute Quashed, No Prima Facie Case of Cheating or Forgery Found: Bombay High Court

The Goa Bench of the Bombay High Court has quashed criminal proceedings initiated against businesswoman Varsha Manguirish Pai Raiker in a dispute arising out of a partnership firm and industrial property transactions. The Court held that the complaint failed to disclose the essential ingredients required to establish offences of cheating, criminal breach of trust and forgery under the Indian Penal Code (IPC). The Court found that the dispute primarily stemmed…