Supreme Court · 2024 INSC 551 · Decided 24 July 2024

Shri Gurudatta Sugars Marketing PVT. LTD. v. Prithviraj Sayajirao Deshmukh & ORS.

Court
Supreme Court of India
Citation
2024 INSC 551 · [2024] 7 S.C.R. 1211
Case number
CRIMINAL APPEAL No. 3070/2024
Decided
24 July 2024
Bench
VIKRAM NATH, PRASHANT KUMAR MISHRA (2-judge bench)
Outcome
Dismissed
Case type
Criminal
Acts & sections cited
CrPC; NI Act Section 138, 141, 143, 7; IBC

Headnote

Whether the signatory of the cheque, authorized by the "Company", is the "drawer" and whether such signatory could be directed to pay interim compensation in terms of section 143-A of the Negotiable Instruments Act, 1881 leaving The High Court answered the question in the negative. Negotiable Instruments Act, 1881 - ss.138, 141, 143-A - Appellant company entered into several agreements with C Ltd. and made advance payments for supply of sugar - C failed to supply - In order to

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