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2008 Supreme(P&H) 2126

S.D.ANAND
Anil Sachar – Appellant
Versus
Shree Nath Spinners Pvt. Ltd. – Respondent


Advocates:
For the Appellants:Mr. Punit Kansal, Advocate.
For the Respondents:Mr. Yogesh Goel, Advocate.

JUDGMENT

S. D. Anand, J.:-The appellants filed a complaint under Section 138 of the Negotiable Instruments Act (hereinafter called as “the Act’) against the respondents/accused on allegations which may be indicated as under:-

2. M/s Shree Nath Spinners Pvt. Limited and M/s A.T. Overseas Limited are independent partnership concerns. There is an apparent and conceded commonness between the two inasmuch as both have same set of persons constituting the respective Board of Directors.

3. Appellant/applicants are running business under the name and style of M/s Ratti Woollen Mills. Anil Sacher is one of its active partner who is competent to file that complaint. Respondent no.1 M/s Shree Nath Spinners Pvt. Limited placed an order for the supply of goods with the appellants. The supply was made and respondent no.1- M/s Shree Nath Spinners Pvt. Limited issued two cheques in favour of the appellants complainant through their sister concern M/s A.T. Overseas (respondent no.2) under signature of respondent-accused Munish Jain. The cheques bounced for want of sufficiency of funds. The appellants/complainant served a statutory notice upon the respondents/accused requiring them to pay up but noti




















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