LAW FOR ALL

Sec.138 of N.I. Act - Stop Payment - Non-discloser of reply notice in the complaint - High court quashed the complaint on the above said two grounds - Apex court held that it is a settled law already decided in M.M.T.C. Ltd. and Modi Cements - stop payment also attracts as offence - non-discloser of reply notice in complaint is immaterial whether amount paid or not is to be proved by way of defence but not way of reply notice - High court erred totally and hence set aside the order of the High court =CRIMINAL APPEAL NO. 1808 OF 2014 [Arising out of Special Leave Petition (Crl.) No.9901 of 2011] Pulsive Technologies P. Ltd. … Appellant Vs. State of Gujarat & Ors. … Respondents = 2014 - Aug. Part - http://judis.nic.in/supremecourt/filename=41838