Supreme Court · 2000 INSC 73 · Decided 15 February 2000
Pankaj Mehra and ANR. v. State of Maharashtra and ORS.
- Court
- Supreme Court of India
- Citation
- 2000 INSC 73 · [2000] 1 S.C.R. 825
- Case number
- CRIMINAL APPEAL No. 11/1999
- Decided
- 15 February 2000
- Bench
- K.T. THOMAS, AJAY PRAKASH MISRA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 138; Companies Act Section 441(2), 536(2)
Headnote
Negotiable Instruments Act, 1881-Section 138-Di~·honour of cheque issued by a company-Criminal prosecution under Section 138-Sus­ tainability--Held : company cannot escape from penal liability u/s. 138 on ground that a petition for winding up of company was pending during the relevant 536(2)-Winding up of a com­ pany-Commencement of-Evidence of trans/ ers etc. after commencement of winding up-Disposing of any property by the company would not become D 'void' immediately on presentation of petition---<:ompany can not also avert its penal liability under Section 138 of
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