Naresh Kumar vs The State Of Karnataka
Parties (2)
Case Significance
Naresh Kumar vs The State Of Karnataka is a Supreme Court of India decision dated March 12, 2024 (citation: insc-2024-196). Two officers of a bicycle manufacturing company were charged under Sections 406, 420, and 506 IPC when a contractor alleged non-payment for assembling 83,267 bicycles. The Supreme Court quashed the criminal proceedings, holding the dispute was essentially civil in nature relating to a breach of contract, and noting that the parties had already settled the dispute through an out-of-court settlement with payment of Rs.38 lakhs. The bench comprised Justices Prasanna B. Varale and Sudhanshu Dhulia. The judgment was delivered by Justice Sudhanshu Dhulia.
Summary
Two officers of a bicycle manufacturing company were charged under Sections 406, 420, and 506 IPC when a contractor alleged non-payment for assembling 83,267 bicycles. The Supreme Court quashed the criminal proceedings, holding the dispute was essentially civil in nature relating to a breach of contract, and noting that the parties had already settled the dispute through an out-of-court settlement with payment of Rs.38 lakhs.
What was the outcome of Naresh Kumar vs The State Of Karnataka?
Two officers of a bicycle manufacturing company were charged under Sections 406, 420, and 506 IPC when a contractor alleged non-payment for assembling 83,267 bicycles. The Supreme Court quashed the cr...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-196)