Supreme Court · 2001 INSC 445 · Decided 17 September 2001
Punjab and Sindh Bank v. Vinkar Sahakari Bank LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 445 · [2001] SUPP. 3 S.C.R. 104
- Case number
- CRIMINAL APPEAL No. 949/2001
- Decided
- 17 September 2001
- Bench
- K.T. THOMAS, S.N. VARIAVA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- Evidence Act Section 114; NI Act Section 4, 5, 6, 17, 50, 118(g), 131A, 138
Headnote
. Negotiable Instruments Act, 1881-Sections 4, 5, 6, 17, 50, 118(g), 131A and 138-Pay order whether a cheque-Held pay order is a cheque since it is closer to a Bill of Exchange because of the unconditional order of C the maker to pay a certain sum to the person concerned. D E F G H Banking course unless the presumption is rebutted-Evidence Act, 1872, Section 114. Certain pay order was dishonoured by the drawer bank. The holder of the pay order filed a complaint under section 138 of the Negotiable Instruments Act, 1881. Single Judge of the High Court quashed the complaint on the
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