Supreme Court · 2006 INSC 384 · Decided 4 July 2006
M.S. Narayanan Menon @ Mani v. State of Kerala and ANR.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 384 · [2006] SUPP. 3 S.C.R. 124
- Case number
- CRIMINAL APPEAL No. 1012/1999
- Decided
- 4 July 2006
- Bench
- S.B. SINHA, P.P. NAOLEKAR (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- Evidence Act Section 3, 4; NI Act Section 138
Headnote
Negotiable Instruments Act; Ss. l/8(a), 138 and 139: Dishonour of a Cheque-Complaint-Notice-Trial Court found accused- C share-broker guilty of committing offence under Section 138 of the Act­ Reversed by the first Appellate Court-Appeal against allowed by High Court­ on appeal, Held: A accused did not maintain statutOly books of account in terms of bye-laws of the Stock Exchange and also did not D produce the same before the Court-The Cheque in question was allegedly issued by the accused in discharge of his debt-Thus, liability arose in terms of that transaction-Under the
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