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

2023 Supreme(Del) 5913

AMIT BANSAL
Sunil Mantri – Appellant
Versus
Maharashtra Savings – Respondent


Advocates appeared:
Mr.P.N. Ravinddran, Senior Advocate with Mr.M.K.Ghosh, Ms.Tina Garg and Mr.Amrit B.Mohanty, Advocates, for the Petitioner.
Mr.Pankaj Kumar Singh, Mr.Gurmeher S. Sistani and Mr.Beh Daniel Mathew, Advocates, for R-1.
Mr.Rishi Manchanda Standing Counsel along with Siddharth Mullick Advocate, for the official liquidator R-2.

JUDGMENT

Amit Bansal, J. (Oral)

CRL.M.C. 5081/2018 @RNO=296905.docx

1. The present petition has been filed impugning the order dated 31st July, 2018, passed by the learned Additional Sessions Judge (ASJ), Saket District Courts in Criminal Revision No. 204191/2016.

2. Vide the aforesaid impugned order, the revision petition filed on behalf of the respondent no.1/complainant was allowed and the order dated 22nd January, 2016, passed by the learned Metropolitan Magistrate (MM), Saket District Courts was set aside.

3. Brief facts leading to the present petition are as under: -

a. The accused company, of which the petitioner herein was a director, issued a cheque dated 1st September, 2013, of Rs.13,88,00,000/- drawn on Dena Bank, Mumbai to the respondent no.1. The respondent no.1 presented the said cheque for payment at Syndicate Bank, New Delhi, however, the same was returned by the bank stating that the payment for the cheque has been stopped by the company.

b. Following this, the respondent no.1 filed a complaint before the learned MM in which the petitioner was arrayed as an accused under Section 138 of the Negotiable Instruments Act, 1881 (NI Act) on 11th October, 2013.

c. On 1st August, 2

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