Sri Bhaskar Fertilizers And Ors. vs Dinkal Agro Chemicals (P) Ltd. on 4 December, 1995
Prithviraj v. Bhupendra (1994) 3 Crimes 579 (Bombay) is also a case where the cheque was returned unpaid with endorsement 'stopped by the drawer'. The Bombay High Court after considering several decisions in this regard held that
"the wording and the endorsement from the bank or the circumstances under which the cheque was returned, were not guiding criteria, but the fact that on presentation of the cheque the payment was not made is the material fact. There would be host of reasons for return of the cheques, but the bottomline of the situation was that the payment could not be made by the banker, leading to the dishonour of the cheque implying insufficient funds."