A.C. Narayanan vs State Of Maharashtra & Anr

The Supreme Court upheld the application of Sections 138 and 142 of the Negotiable Instruments Act, 1881, affirming that dishonor of cheques issued in the course of business transactions constitutes an offence under these sections. The Court clarified that the power of attorney holder can file a complaint on behalf of the complainants, and the rejection of discharge applications by the Trial Court was justified. The appeal against the acquittal of G. Kamalakar was dismissed, reinforcing the conviction and sentence imposed by the High Court.