Supreme Court of India

Alpic Finance Ltd. v. P. Sadasivan and Anr.

Neutral citation
Reported as [2001] 1 S.C.R. 1059
Bench S. Rajendra Babu and K.G. Balakrishnan JJ.
Decided 16 February 2001

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that the learned judge was perfectly justified in quashing the proceedings and we are disinclined to interfere in such matters.

Judgment, page 9

From the headnote

Penal Code, 1860/Criminal Procedure Code, 1973-Sections 420, 406, 423, 42./ r/11• 120-BI 93. 482-Lease finance for purchase of dental chairs­ Default in payment of rental instalments by respondents to finance company­ Missing of certain chairs from the premises of respondents-Complaint for criminal breach of trust and misappropriation-High Court quashing the criminal proceedings-Held, there was no wilful misrepresentation or fraudulent inducement by re;,pondents at the time of entering into lease agreement-Quashing of criminal proceedings justified. Appellant, a non-banking financial company,

Where later benches applied it

Of those, 2 referred to

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