TAMIL NADU NEWS PRINT & PAPERS LTD. vs D.KARUNAKAR .

The Supreme Court addressed the quashing of proceedings under Section 482 of the Code of Criminal Procedure concerning a cheque dishonor case. The Court emphasized that under Section 141(1) of the Negotiable Instruments Act, 1881, all directors responsible for the company's conduct at the time of the offence can be held liable. The Court held that the High Court erred in quashing the proceedings against certain directors, thereby allowing the appeal and reinstating the proceedings against them.