Investor of a Company Cannot File Case for Cheating Against Another Investor if He Loses His Money Because Company Suffered Losses: Karnataka HC

In a recent ruling, the High Court of Karnataka has quashed an order dated October 19, 2019, taking cognizance of offenses in a case involving a contractual dispute.  The complainant, Mr. Viwek Vaidya, alleged that a sum of Rs.1.29 crore paid to Thomas Sebastian between 2011 and 2014 for starting a company did not yield

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