Showing : 131-140 of 615 Results

SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138-- Dishonour of pay order - Pay order issued by Bank to discharge its liability whether comes within the definition of `cheque' - Said question left open for consideration...........
SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Complaint against Director of company only without arraigning company as an accused - Arraigning of company as an accused is imperative - Accused acquitted...........
SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Company - Managing Director - Cheque issued on behalf of company - Managing Director cannot be convicted without impleading company as an accused...........
SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 142-- Dishonour of cheque - Pay order issued by appellant bank, on instructions of Citi Bank, New York - Payment stopped on instructions received from Citi Bank, New York - There was no transaction between appellant bank and respondent No.2 - Question of liability of debt in favour of respondent No.2..........
SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 147, Criminal Procedure Code, 1973, Section 320-- Dishonour of cheque - Conviction u/s 138 of the Act - Compounding of offence - Accused compromised the matter with complainant - Memorandum of compromise filed before High Court, but no relief was granted to accused - As matter has been compromised between parties, order of conviction and sentence..........
SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 145-- Dishonour of cheque - Complaint through power of attorney holder - (i) Filing of complaint u/s 138 of N.I Act through power of attorney is perfectly legal and competent; (ii) The Power of Attorney holder can depose and verify on oath before the Court in order to prove the contents of the complaint..........
SUPREME COURT OF INDIA
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Vicarious liability - Non-executive Director is no doubt a custodian of the governance of company but is not involved in day-to-day affairs of running of its business and only monitors the executive activity - Simply because a person is director of..........
SUPREME COURT OF INDIA
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Prosecution contended that cheques in question were issued by virtue of Letter of guarantee thus appellant is liable u/ss 138 & 141 of Act - Dishonoured cheques were issued by company in discharge of legal liability - Appellate who gave letter of..........
SUPREME COURT OF INDIA
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Vicarious liability - No specific role is attributed to appellant in commission of offence - Appellant resigned from Board of Directors much before the commission of offence - She was neither a director of accused company nor in charge of or involved in..........
SUPREME COURT OF INDIA
Year of decision: 2014
Details
Negotiable instruments Act, 1881, Section 138-- Dishonour of cheque - Financial capacity to advance loan - Complainant failed to prove his financial capacity to advance loan and that there is legally enforceable debt payable by accused to him - Accused acquitted...........

Showing : 131-140 of 615 Results