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1 - 10 of 20 (0.38 seconds)The Companies Act, 1956
Section 146 in The Negotiable Instruments Act, 1881 [Entire Act]
The Negotiable Instruments Act, 1881
Section 139 in The Negotiable Instruments Act, 1881 [Entire Act]
Section 138 in The Companies Act, 1956 [Entire Act]
Section 141 in The Negotiable Instruments Act, 1881 [Entire Act]
M/S. Modi Cements Ltd vs Shri Kuchil Kumar Nandi on 2 March, 1998
In the case of NEPC Micon Ltd. & Ors. Vs. Magma Leasing
Limited10, following the three-Judge Bench judgment in the case
of Modi Cements Ltd. V. Kuchil Kumar Nandi11, wherein it was
enunciated that, return of the cheque on account of stop
payment instruction will not preclude an action under Section
138 of the N. I. Act, 1881, the Supreme Court held that, when
the cheque is returned by a bank with an endorsement
"account closed", it would amount to returning the cheque
unpaid because "the amount of money standing to the credit of
that account is insufficient to honour the cheque" as envisaged
in Section 138 of the N. I. Act, 1881.
Bir Singh vs Mukesh Kumar on 6 February, 2019
In the case of
Bir Singh Vs. Mukesh Kumar12, after adverting to the settled
line of precedent, the Supreme Court enunciated the law as
under:-
M/S Kalamani Tex vs P. Balasubramanian on 10 February, 2021
33. The aforesaid pronouncement was approved by a three-
Judge Bench of the Supreme Court in the case of Kalamani Tex
and Another Vs. P. Balasubramanian13.