Supreme Court · 2000 INSC 72 · Decided 15 February 2000
M/S. Bsi LTD. and ANR. v. Gift Holdings PVT. LTD. and ANR. ETC.
- Court
- Supreme Court of India
- Citation
- 2000 INSC 72 · [2000] 1 S.C.R. 815
- Case number
- CRIMINAL APPEAL No. 8747/1999
- Decided
- 15 February 2000
- Bench
- K.T. THOMAS, D.P. MOHAPATRA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 138, 142
Headnote
B Negotiable Instruments Act, 1872-Section 138-Dishonour of che- ques-Complaint u/s. 138 against companies-Companies declared sick after institution of complaints u/s 138-Whether they are liable to be prosecuted c in view of embargo contained in Section 22(1) of Sick Industrial Companies (Special and their Directors were dishonoured by the drawee bank on the ground of insufficiency of amount in the account concerned. A complaint was filed against the company and D its Directors for the offence u/s. 138 of the Negotiable Instruments Act. Those companies, subsequent to the filing of
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