Supreme Court of India · 2001-11-02
VEERA EXPORTS TH. ITS PARTNER,TAMIL NADU vs T. KALAVATHI
- Citation / case number
- SC 2001/8147
- Court
- Supreme Court of India
- Petitioner
- VEERA EXPORTS TH. ITS PARTNER,TAMIL NADU
- Respondent
- T. KALAVATHI
- Author
- S.N. VARIAVA K.T. THOMAS
- Bench
- S.N. VARIAVA K.T. THOMAS
Judgment text excerpt
The Supreme Court held that the High Court's reasoning in quashing the complaint under Section 138 of the Negotiable Instruments Act was flawed. The Court clarified that there is no provision in the Act preventing a drawer from voluntarily revalidating a cheque by altering its date. It emphasized that the validity of a cheque can be restored through mutual consent and that the alteration does not render the cheque void if agreed upon by the parties involved. The Court overturned the High Court's decision, allowing the complaint to proceed.