LAFARGE AGGREGATES & CONCRETE INDIA P.LD vs SUKARSH AZAD

The Supreme Court addressed the appeal against the High Court's order quashing a complaint under Section 138 of the Negotiable Instruments Act, 1881. The Court held that the appeal was not maintainable against the rejection of the recall application, emphasizing that the appellant should not be deprived of the cheque amount due to the respondents' stop payment instructions. The Court suggested that the respondents pay the dishonoured cheque amount along with interest and compensation, totaling approximately Rs. 5 lakhs, which the respondents agreed to, although the appellant refused the payment and insisted on the appeal's allowance.