M/S Haryana State Coop Spy & Mkt Fed Ltd vs M/S Jayam Textiles & Anr

The Supreme Court held that the dismissal of the appellant-Federation's complaints under Section 138 and 140 of the Negotiable Instruments Act, 1881, was erroneous due to the lack of proof of authorization for the power of attorney holder. The Court emphasized that the appellant-Federation, being a Public Sector Undertaking, should have been afforded an opportunity to present the necessary authorization documents. The Court ruled that the dismissal of the complaints was unjustified and remanded the matter for reconsideration, establishing that proper authorization is essential for filing complaints under the N.I. Act.