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2000 (2) TMI 719 - SC - Companies LawWhether the remedy provided in section 29 or 31 of the State Finance Corporation Act, 1951 could be pursued notwithstanding the ban contained in section 22 of the SICA? Held that:- Appeal dismissed. The conclusion which we have to draw is that if commission of the offence under section 138 of the NI Act was completed before the commencement of proceedings under section 22(1) of SICA there is no hurdle in any of the provisions of SICA against the maintainability and prosecution of a criminal complaint duly instituted under section 142 of the NI Act. The decisions rendered by the High Courts, which are assailed before us in this batch of appeals, are therefore not liable to be interfered with
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