M/S Rmc Ready Mix(India) v. M/S Gurbakhsh Singh B.a.Builders Pvt. Ltd.
Case brief
What is this about?
In an underlying cheque dishonour petition, the respondent company deposited eight cheques totaling approximately 21 lakh rupees. The court dispensed with the need for a formal affidavit due to a verbal undertaking by the respondent's counsel to honour the cheques.
What did the court decide?
Petition dismissed with liberty to revive it in case of default by the respondent in honouring the cheques.