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Supreme Court Quashes Criminal Proceedings in Cross-FIR Case Between Advocates Due to Abuse of Process and Apology. Second FIR Registered as Counterblast to First FIR Was Deemed an Abuse of Law Under Sections 294(b), 323, and 506(1) of Indian Penal Code, 1860, and Quashed to End Protracted Litigation.

The appeal arose from a dispute between two advocates practising in Kodaikanal, leading to cross-FIRs registered in December 2017. The first appellant...

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Arbitration Proceedings – Interim Relief – Failure to Issue Shares – Protection of Investment. High Court Granted Interim Relief Protecting Investment of Foreign Investor After Company Failed to Allot Shares Despite Utilizing Funds for Debt Clearance

Misappropriation of investment funds occurs not just by siphoning money but also by enjoying benefits of an investor’s funds without fulfilling corr...