Sarathi Leasing Finance Ltd. vs B. Narayana Shetty
Dishonour of Cheque-Power of Managing Director to file complaint-A complaint filed by the managing director of the appellant-company for dishonour of cheque was valid as he was empowered by the articles of associati [LexDoc Id : 297361]
K. Umadevi vs V. Manikandan
Dishonour of Cheque-Liability of director-The petition to quash criminal proceedings under s.138 of the Negotiable Instruments Act 1881 against the petitioner-director was dismissed, as the r [LexDoc Id : 291461]
V. Sriramulu vs Karur Vysya Bank Ltd.
Recovery proceedings of Bank-Writ Petition against Bank disallowed-A writ petition by a borrower against a private bank was dismissed as writs could not be admitted against private persons. However, the bank was well [LexDoc Id : 294127]
B.V. Sampathkumar vs Dr. K.G.V. Lakshmi
Dishonour of Cheque-Cheque issued as a security-A cheque whether issued for repayment of loan or as security makes little difference under section 138 of the Negotiable Instruments Act 1881 as in th [LexDoc Id : 298219]
CRB Capital Markets Ltd. vs Reserve Bank of India
Scheme of compromise and arrangement-Sanction by court-The Scheme of compromise and arrangement was sanctioned despite several objections raised by RBI and other organisations. The NBFC had already generat [LexDoc Id : 295568]
Constellation Enterprises (P) Ltd. and Anr. vs P.E.C. Ltd.
Powers of the High Court-Intervention in the affairs of the trial court-The petition for intervention in the affairs of the trial court was dismissed in absence of any reasonable justification to do so as per the facts and [LexDoc Id : 298220]