M/S. New Era Fabrics Ltd. vs Bhanumati Keshrichand Jhaveri

The case involves an application filed under Section 340 read with Section 195(1)(b) of the Criminal Procedure Code, 1973, seeking the institution of criminal proceedings against the Petitioner. The applicant alleges that the Petitioner provided false evidence before the Supreme Court in a civil dispute regarding the tenancy of suit premises in Mumbai. The Court is tasked with determining whether a preliminary inquiry is necessary to establish the commission of perjury.