SUMETI VIJ vs M/S PARAMOUNT TECH FAB INDUSTRIES

The Supreme Court upheld the High Court's judgment convicting the appellant under Section 138 of the Negotiable Instruments Act, 1881, reversing the trial court's acquittal. The court found that the cheques issued by the appellant were returned due to insufficient funds, establishing the appellant's liability. The judgment emphasizes the importance of maintaining sufficient funds in the account when issuing cheques to avoid criminal liability under the Act.