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Bharath N. Mehtha And Another vs Mansi Finance (Chennai)Ltd. By Its ... on 18 February, 1999

31. In yet another case decided by me in CRL. O.P. Nos. 704 and 796 of 1999 dated 18-2-99 Bharath N. Mehtha v. Mansi Finance (Chennai) Ltd. (1999 (2) Mad LW (Cri) 483), I had an occasion to consider the question and held that even the declaration by the Insolvency Court that the accused are insolvents would not disentitle the complainant to seek for remedy by way of penal action before the criminal Court for the offence under Section 138 of the Negotiable Instruments Act said to have been committed earlier by the accused.
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