Supreme Court · 2024 INSC 602 · Decided 13 August 2024
Sri Sujies Benefit Funds Limited v. M. Jaganathuan
- Court
- Supreme Court of India
- Citation
- 2024 INSC 602 · [2024] 8 S.C.R. 322
- Case number
- CRIMINAL APPEAL No. 3369/2024
- Decided
- 13 August 2024
- Bench
- HIMA KOHLI, AHSANUDDIN AMANULLAH (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- CrPC; NI Act Section 138
Headnote
In order to partly discharge the loan amount, a cheque was issued by the respondent-accused for a sum of Rs.19,00,000/-. However, the cheque was returned with the endorsement 'Account Closed'. Whether a discrepancy apropos the rate of interest, whether it be sufficient to disbelieve the claim of the appellant-chitfund company. Negotiable Instruments Act, 1881 - s. 138 - The respondent- accused, being a subscriber of the appellant-chitfund company, borrowed loan amounts on several dates from appellant totaling Rs.
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)