Supreme Court · 2021 INSC 823 · Decided 3 December 2021
Sunil Todi & ORS. v. State of Gujarat & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 823 · [2021] 9 S.C.R. 1086
- Case number
- CRIMINAL APPEAL No. 1446/2021
- Decided
- 3 December 2021
- Bench
- D.Y. CHANDRACHUD, A.S. BOPANNA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Criminal
- Acts & sections cited
- CrPC Section 202, 203, 482; NI Act Section 138, 141
Headnote
Negotiable Instruments Act, 1881 - ss.138, 141 - Code of Criminal Procedure, 1973 - ss. 202, 203 and 482 - Dishonour of cheque issued by way of security - A Power Supply Agreement (PSA) was entered into between the company - The PSA between the parties envisaged that the second respondent would supply power to the company of which the appellants are directors etc. - The agreement postulated that payment for the power supplied would be made by means of Letter of Credit (LCs) - A cheque
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