Supreme Court · 2001 INSC 107 · Decided 22 February 2001
Shri Ishar Alloy Steels LID. v. Jayaswals Neco LTD.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 107 · [2001] 2 S.C.R. 36
- Case number
- CRIMINAL APPEAL No. 219/2001
- Decided
- 22 February 2001
- Bench
- K.T. THOMAS, R.P. SETHI, B.N. AGRAWAL (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 138
Headnote
Negotiable Instruments Act, 1881 : Section 138 Cheque-Dishonour of-Presentation-Within period of validity-At pay­ ee's or drawer's bank-Criminal liability-Cheque presented to payee's bank returned unpaid-Cheque again presented to same bank within 6 months but reached drawer's bank after 6 magistrate-Notice issued-On Revision application, Sessions court held no offence made out as the cheque was presented after 6 months­ However, High Court held that offence was made out as the cheque was presented to payee's bank within 6 months-Correctness of-Held: To attract criminal
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)