SC quashes criminal proceedings against alleged breach of trust as no specific allegations were made

CL: Where appellant having opened demat account with respondent-company, filed a complaint that respondent and its directors committed criminal breach of trust as they failed to transfer shares purchased by appellant from pool account to its demat account even after making necessary payments, in view of fact that there was no specific allegation in complaint except bald allegations and, moreover, Magistrate while issuing summons did not record his satisfaction that a prima facie case of breach o