Similar to M/S Pepsi Foods Ltd judgment here, here also Supreme Court held that where that are baseless and vague allegations, High Courts can invoke their inherent powers u/s 482 CrPC to quash appropriate proceedings.
Ashok Chaturvedi and Ors Vs Shitul H Chanchani and Anr on 13 August, 1998
Indiankanoon.org link: https://indiankanoon.org/doc/1770765/
Citation: JT 1998 (5) 452, (1998) 7 SCC 698
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