Niyam v2 is live — start for just ₹100 — 200 credits to try

march 2007

Supreme Court of India · 2007-03-08

P. SURESH KUMAR vs R. SHANKAR

Citation / case number
SC 2003/16082
Court
Supreme Court of India
Petitioner
P. SURESH KUMAR
Respondent
R. SHANKAR
Author
S.B. SINHA
Bench
MARKANDEY KATJU S.B. SINHA

Judgment text excerpt

The Supreme Court addressed the issue of dishonor of a cheque under Section 138 of the Negotiable Instruments Act, emphasizing that a partner cannot unilaterally operate a joint bank account without the consent of the other partner. The Court held that the respondent's defense regarding the dishonor of the cheque was unacceptable, as the cheque was issued as part of a compromise agreement between the partners. The Court affirmed the lower court's decision to uphold the complaint against the respondent for dishonoring the cheque.

P. SURESH KUMAR vs R. SHANKAR · Niyam