SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2022 Supreme(Bom) 2647

PRAKASH D. NAIK
Sunil Bhai Sheth – Appellant
Versus
Agricore Commodities Pvt. Ltd – Respondent


Advocates appeared:
Mr. Arun Mehta i/by Akshar Laws, Advocate, for the Appellant; Mr. Hrishikesh Chavan, Advocate and Mr. A.R. Patil, APP, for the Respondent

JUDGMENT/ORDER

1. The petitioner challenges the order dated 23.10.2017 passed by learned Metropolitan Magistrate, 23rd Court, Esplanade, Mumbai and order dated 06.12.2021 passed by Sessions Court in Criminal Revision Application No.1332 of 2019.

2. The Petitioner is facing proceedings under Section 138 of the Negotiable Instruments Act initiated by respondent No.1 filed in CC No.2305627/SS/2016 before the Court of learned Metropolitan Magistrate, 23rd Court at Esplanade, Mumbai. The petitioner was arraigned as accused No.2. The complainant has alleged that accused No.1 is Private Limited Company. The accused Nos.2 to 5 and 8 are Directors of accused No.1. They looked after day to day business of accused No.1. The accused Nos. 6 and 7 are signatories to the cheques which are dishonoured. Accused Nos.6 and 7 are responsible for the day to day activities and business affairs of the accused No.1. The complainant executed sales contracts with Anil Limited for supply of Maize. Various invoices were raised from time to time towards supply of maize. The complainant delivered goods in terms of contracts from time to time and the same were received without any protest. As per terms and conditi

      Click Here to Read the rest of this document
      1
      2
      3
      4
      5
      6
      7
      8
      9
      10
      11
      SupremeToday Portrait Ad
      supreme today icon
      logo-black

      An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

      Please visit our Training & Support
      Center or Contact Us for assistance

      qr

      Scan Me!

      India’s Legal research and Law Firm App, Download now!

      For Daily Legal Updates, Join us on :

      whatsapp-icon telegram-icon
      whatsapp-icon Back to top