Bombay High Court Quashes Criminal Proceedings Against Director in Deposit Fraud Case — No Specific Allegations of Mens Rea or Active Involvement. Petitioner, a director of a finance company, was charged under IPC and Maharashtra Protection of Interest of Depositors Act, 1999, but the court found no material showing her participation in the company's affairs or inducement of depositors.
29 Mar 2023The petitioner, Pratibha Sadanand Shetty, was arraigned as an accused in Crime No. 2 of 2020 registered at Malad Police Station, Mumbai, for offences ...




