Supreme Court sets aside Madras High Court order and quashes criminal case against M/s. Vigneswara Exports directors.
Case involved alleged fraud over unpaid supplies worth ₹1.01 crore to M/s. Anamika Enterprises between 2008-2012.
Court found criminal proceedings were misuse of process after ₹27.5 lakh settlement of cheque dishonor case.
Ruling emphasizes distinction between civil recovery and criminal fraud allegations in commercial disputes.