Supreme Court · 2024 INSC 918 · Decided 21 October 2024
Bijay Agarwal v. M/S Medilines
- Court
- Supreme Court of India
- Citation
- 2024 INSC 918 · [2024] 10 S.C.R. 1890
- Case number
- CRIMINAL APPEAL No. 4301/2024
- Decided
- 21 October 2024
- Bench
- C.T. RAVIKUMAR, SANJAY KAROL (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 148, 138, 143A, 148(1)
Headnote
Whether the signatory of a cheque authorized by the Company is a drawer and whether such a signatory could be directed to deposit any sum out of the fine or compensation awarded by the trial Court u/s.148 of the Negotiable Instruments Act, 1881, as a condition for his conviction u/s.138 of the NI Act. Negotiable Instruments Act, 1881 - ss.138 and 148 - Appellant is the authorized signatory of the company - The signed cheques were presented in the bank - The cheques were dishonoured and returned with the
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