S.138 NI Act | Primary Concern is Recovery Of Money, Conviction Of Accused Serves Little Purpose: Rajasthan High Court

In a recent development, the High Court of Judicature for Rajasthan, Bench at Jaipur, has quashed criminal proceedings against Lakhani Builders Pvt. Ltd and its directors, Shri. Vijay Lakhani and Shri. Sunder Lakhani, in a cheque bounce case. The court’s decision came in response to a criminal miscellaneous petitionfiled by the accused. The case involved

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