In Brief
Shahid Iqbal Khan appealed against the High Court's order setting aside a trial court's cognizance and summons against private respondents in a fraud case (IPC sections 420, 467, 468, 471, 120B). The trial court had not only taken cognizance but had also rejected the respondents' discharge application. The Supreme Court held the High Court erred by ignoring this subsequent development when it interfered. The Court quashed the High Court's order, restored the trial court's jurisdiction, and remitted the matter for trial on merits, leaving the respondents free to pursue other available legal remedies.
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