INDO ASIAN LTD. vs STATE OF UTTRAKHAND

The Supreme Court held that the High Court erred in quashing the proceedings under Section 406 IPC, which pertains to criminal breach of trust. The Court emphasized that the High Court should not have intervened at the threshold and allowed the Criminal Court to proceed with the case based on the evidence. The appeal was allowed, and the order of the High Court was set aside, leaving the merits of the case for the Criminal Court to decide.