Supreme Court of India · 2021-02-10
M/S KALAMANI TEX vs P. BALASUBRAMANIAN
- Citation / case number
- SC 2017/42005
- Court
- Supreme Court of India
- Petitioner
- M/S KALAMANI TEX
- Respondent
- P. BALASUBRAMANIAN
- Author
- HON'BLE MR. JUSTICE SURYA KANT
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE SURYA KANT, HON'BLE MR. JUSTICE ANIRUDDHA BOSE
Judgment text excerpt
The Supreme Court upheld the conviction of M/s. Kalamani Tex and its managing partner under Section 138 of the Negotiable Instruments Act, 1881, reversing the High Court's order of acquittal. The court found that the cheque issued by the appellants was dishonored due to insufficient funds, and the appellants failed to provide a valid defense against the complaint. Consequently, Appellant No.2 was sentenced to three months of simple imprisonment and a fine of Rs. 5,000.