Supreme Court of India · 2012-01-14
Harish Kumar Bhatia vs Family Credit Limited
- Court
- Supreme Court of India
- Petitioner
- Harish Kumar Bhatia
- Respondent
- Family Credit Limited
- Bench
- Chandramauli Kr. Prasad, H.L. Dattu
Judgment text excerpt
The Supreme Court, in the Transfer Petition under Section 406 of the Criminal Procedure Code, addressed the transfer of a case under Section 138 of the Negotiable Instruments Act, 1881. The Court noted that the petitioner had voluntarily agreed to pay Rs. 28,000 as a full and final settlement, with a six-month timeline for payment. The Court clarified that failure to make the payment within four weeks would result in the automatic dismissal of the Transfer Petition without further reference to the Court.