Bijay Agarwal vs M/S Medilines

The Supreme Court addressed whether an authorized signatory of a company can be considered a drawer under Section 138 of the Negotiable Instruments Act, 1881, and whether they can be directed to pay compensation as a condition for suspending a sentence. The Court held that the authorized signatory, being responsible for the company's actions, can indeed be treated as a drawer and is liable for the cheque's dishonor. Consequently, the appeal was dismissed, affirming the High Court's order requiring the signatory to deposit compensation.