<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2015 (2) TMI 1387 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=307871</link>
    <description>A complaint under Section 138 of the Negotiable Instruments Act based on a bank-issued pay order could not be sustained against the branch manager alone after the bank had been dropped from the proceedings and that order had attained finality. With the bank no longer before the Court, the alleged issuance and dishonour of the instrument could not be effectively examined against the branch manager alone, and the surrounding transaction also raised serious doubt. The broader question whether Section 138 applies to such a pay order was expressly left open. Special leave interference was declined and the complaint remained quashed.</description>
    <language>en-us</language>
    <pubDate>Thu, 26 Feb 2015 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 12 May 2023 21:13:28 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=713504" rel="self" type="application/rss+xml"/>
    <item>
      <title>2015 (2) TMI 1387 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=307871</link>
      <description>A complaint under Section 138 of the Negotiable Instruments Act based on a bank-issued pay order could not be sustained against the branch manager alone after the bank had been dropped from the proceedings and that order had attained finality. With the bank no longer before the Court, the alleged issuance and dishonour of the instrument could not be effectively examined against the branch manager alone, and the surrounding transaction also raised serious doubt. The broader question whether Section 138 applies to such a pay order was expressly left open. Special leave interference was declined and the complaint remained quashed.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Thu, 26 Feb 2015 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=307871</guid>
    </item>
  </channel>
</rss>