Section 138 of NI Act, 1881 : Supreme Court Highlights a Crucial Legal Aspect of the Provision
An important Judgment was passed by Hon'ble Supreme Court on 22 November 2012 which dealt with Section 138 of Negotiable Instruments Act, 1881.
It has been commented at page 27 of Indra Kumar Patodia v Reliance Industries Ltd [2012] GCtR 2962 (SC) thus : -
"Complaint under Section 138 of the Act without signature is maintainable when such complaint is verified by the complainant and the process is issued by the Magistrate after due verification."
Kindly note that full text Judgments of Hon'ble Supreme Court can be downloaded absolutely free of cost (without any charges except internet data) from the official website at the link
https://main.sci.gov.in/judgments
Then entering the date of Judgment, for example, as 21 August 2009.
Written by
Vishal
Delhi
Notice : Copyright of above blog and its content including headline vests with Vishal. Above should Not be reproduced in any form in newspapers/websites/Ph.D. thesis/College projects/ law firms' newsletters/law journals/books/book chapters without prior written permission. Fair use should be in terms of Copyright Act, 1957. Any violation will make violator liable for Pecuniary compensation with interest towards the author irrespective of the profit made. All disputes shall be subject to Delhi Jurisdiction.