Sailesh Sreeramulu and Anr. v. Vistra Itcl (India) Ltd., and Ors.
Case brief
What is this about?
The Single Judge held that Section 143A of the Negotiable Instruments Act is prospective. Applying G.J.Raja v. Tejraj Surana, the court ruled that since the cheque bounce offence occurred before the section's enactment, the impugned order is quashed. The writ petition was allowed accordingly.
What did the court decide?
The order dated 27 November 2018 passed by the learned Metropolitan Magistrate in Complaint No.4426 of 2017 is quashed and set aside.