M/S PRIME IMPEX LTD. vs M/S P.E.C.LTD.

The Supreme Court held that the High Court erred in not providing an opportunity for hearing to the appellants in a revision petition filed under Section 401 of the Criminal Procedure Code, 1973. The Court emphasized that the dismissal of a complaint under Section 203 results in termination of proceedings, and thus, the accused have a right to be heard in any challenge to that dismissal. Consequently, the Court set aside the High Court's order and remanded the matter for fresh disposal, reinforcing the principles established in Manharibhai Muljibhai Kakadia v. Shaileshbhai Mohanbhai Patel (2012) 10 SCC 517.