Mere Breach Of Contract Cannot Constitute Cheating Unless Dishonest Intention Is Shown At Beginning Of Transaction: Delhi High Court

The Delhi High Court has observed that a mere breach of contract does not give rise to criminal prosecution of cheating unless a fraudulent or dishonest intention is shown at the beginning of the transaction.In doing so the high court upheld the sessions court's order which had quashed the summons issued by the magistrate to the Chairman and MD of educational technology company Educomp and...