Mohd. Irfan, v. M/s. Kesari Fibres Pvt. Ltd.
Case brief
What is this about?
The High Court dismissed a criminal petition filed by accused persons seeking to examine a bank manager and mark a bank statement under Section 311 Cr.P.C. in a Section 138 NI Act case. The Court held that proving bonafides has no relevance for the offence under Section 138, as the core issues are the legally enforceable debt and stop payment instructions.
What did the court decide?
Criminal petition dismissed by the High Court.