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Supreme Court of India

Sunil Todi & Ors. v. State of Gujarat & Anr.

Neutral citation
Reported as [2021] 9 S.C.R. 1086
Bench Dr. Dhananjaya Y Chandrachud and A. S. Bopanna JJ.
Decided 3 December 2021

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.

1 Supreme Court bench has cited this judgment.

What the Court ordered

For the above reasons, we have come to the conclusion t hat there is no merit in the appeals.

Judgment, page 37

From the headnote

Negotiable Instruments Act, 1881 – ss.138, 141 – Co de of Criminal Procedure, 1973 – ss. 202, 203 and 482 – Disho nour of cheque issued by way of security – Power Supply Agreement (PSA) was entered into between the second respondent and the comp any – The PSA between the parties envisaged that the second r espondent would supply power to the company of which the appe llants are directors etc. – The agreement postulated that payment for the power supplied would be made by means of Letter of Credit (LCs) – cheque post-dated 28.08.2017 in the amount of Rs.2, 67,84,000/- was issued by the company

Authorities it was built on

Where later benches applied it

Of those, 1 referred to

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