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M/s Gimpex Private Limited Vs. Manoj Goel

Court : Supreme Court of India

..... that stage that mukesh goel, a director of acl26https://financialservices.gov.in/sites/default/files/decriminalization%20-%20public%20comments.pdf 23 part c was arrested by the central crime branch on 3 march 2013, in connection with crime no.21/2013 which was registered for offences under sections 409 and 506(1) of the ipc ..... cheque amount. a stage has reached when most of the complainants, in particular the financing institutions (particularly private financiers) view the proceedings under section 138 of the act, as a proceeding for the recovery of the cheque amount, the punishment of the drawer of the cheque for the offence of dishonour, becoming secondary. 38 ..... issues, the 26 ministry of finance by a notice dated 8 june 2020, has sought comments regarding decriminalisation of minor offences, including section 138 of the ni act, to improve the business sentiment in the country. 34 it is in this backdrop that we must now analyse the issue regarding pendency of parallel proceedings for .....