Saturday, January 2, 2010

An important judgment by SC on Sec.138 of the Negotiable Instruments Act.

The Hon'ble Supreme Court rules,

"Where an incorporeal body is the payee and the employee who represents such incorporeal body in the complaint is a public servant, he being the de facto complainant, clause (a) of the proviso to section 200 of the Code will be attracted and consequently, the Magistrate need not examine the complainant and the witnesses".

To read the complete judgment go to:-

https://docs.google.com/Doc?docid=0AVD7MZ_yKj7ZZGM4czQya3BfMzhnMmZoN2Zncg&hl=en

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