Urison Exports Pvt. Ltd. and Ors. v. Shikhar Trading Ltd.and Ors.
Case brief
What is this about?
In Criminal Application No.2306 of 2005, the High Court held that an efficacious remedy of revision existed before the Sessions Court. The High Court dismissed the application for quashing of process issued under Section 138 NI Act and ordered a stay of trial proceedings pending the filing of revision.
What did the court decide?
Criminal application dismissed. Liberty granted to prefer revision. Trial stayed for four weeks.