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Companies Law - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Wrongful withholding of laptops (after resignation) which is ...

Companies Law

July 12, 2023

Wrongful withholding of laptops (after resignation) which is punishable u/s 452 of the Companies Act, 2013 - Former employee of the company - The petitioners have returned the property and since, in the facts and circumstances, it cannot be said that they had initially wrongfully withheld the property, the continuation of the impugned prosecution would be an abuse of process of law. - The prosecution proceedings quashed. - HC

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