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november 2001

Supreme Court of India · 2001-11-19

M/S.M.M.T.C.LTD. vs M/S.MEDCHL CHEMICALS&PHARMA.P.LTD.

Citation / case number
SC 1999/6122
Court
Supreme Court of India
Petitioner
M/S.M.M.T.C.LTD.
Respondent
M/S.MEDCHL CHEMICALS&PHARMA.P.LTD.
Author
S.N.VARIAVA K.T.THOMAS
Bench
S.N.VARIAVA K.T.THOMAS

Judgment text excerpt

The Supreme Court addressed the quashing of complaints under Section 138 of the Negotiable Instruments Act, emphasizing that a complaint must be filed by a person authorized by the company. The Court held that the complaints filed by Mr. Lakshman Goel were not maintainable as he lacked the requisite authority, and thus upheld the High Court's decision to quash the complaints. The ruling clarifies the necessity of proper authorization in filing complaints under the Negotiable Instruments Act.

M/S.M.M.T.C.LTD. vs M/S.MEDCHL CHEMICALS&PHARMA.P.LTD. · Niyam