Supreme Court of India · 2013-08-26
M/S. ECON ANTRI LTD. vs M/S. ROM INDUSTRIES LTD.
- Citation / case number
- SC 2004/26005
- Court
- Supreme Court of India
- Petitioner
- M/S. ECON ANTRI LTD.
- Respondent
- M/S. ROM INDUSTRIES LTD.
- Author
- RANJANA PRAKASH DESAI
- Bench
- P SATHASIVAM,RANJANA PRAKASH DESAI,RANJAN GOGOI
Judgment text excerpt
The Supreme Court referred the case to a larger bench to reconsider the judgment in Saketh India Ltd. v. India Securities Ltd. regarding the interpretation of Section 138 and Section 142(b) of the Negotiable Instruments Act, 1881. The court identified a variance in the interpretation of the time limit for filing a complaint under Section 138, specifically whether the date of cause of action should be excluded when calculating the one-month period. The outcome of this appeal will depend on the re-examination of these statutory provisions and their application in light of previous judgments.