Supreme Court of India

Sampelly Satyanarayana Rao v. Indian Renewable Energy Development Agency Limited

Neutral citation
Reported as [2016] 6 S.C.R. 531
Bench Dipak Misra and Adarsh Kumar Goel JJ.
Decided 19 September 2016

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

3 Supreme Court benches have cited this judgment.

From the headnote

Negotiable Jnsn•uments Act, 1881 : s. 138- Dishonour of post-dated cheques given for repayment of loan installment and described as "security" in loan agreement, if covered uls. 138 - Held: ·Applicability of s.138 depends on whether the cheque represents discharge of existing enforceable debt/liability or it represents advance payment without there being-subsisting debt or liability-Thus. i/bJJ the date of the cht;que. liability or debt exists , 'or the ainount becomes legally recoverable, s.138 is attracted and not otherwise.:_ In the instant case, loan was disbursed prioi· io the date of

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