Supreme Court of India · 2011-03-07
VIKAS JALAN vs M/S. SHREYA PET PVT.LTD .
- Citation / case number
- SC 2010/940
- Court
- Supreme Court of India
- Petitioner
- VIKAS JALAN
- Respondent
- M/S. SHREYA PET PVT.LTD .
- Author
- DALVEER BHANDARI,DEEPAK VERMA, , ,
- Bench
- DALVEER BHANDARI,DEEPAK VERMA, , ,
Judgment text excerpt
The Supreme Court quashed the complaint under Section 138 of the Negotiable Instruments Act, 1881, and all related proceedings, holding that the amount deposited by the appellant, along with accrued interest, should be returned to the respondents within two weeks. The Court set aside the impugned order of the High Court, thereby disposing of the appeal in favor of the appellant. This judgment clarifies the procedural aspects related to the enforcement of negotiable instruments.