Supreme Court of India
Bijay Agarwal v. M/s Medilines
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.
From the headnote
Issue for Consideration Whether the signatory of a cheque authorized by the Company is a drawer and whether such a signatory could be directed to deposit any sum out of the fine or compensation awarded by the trial Court u/s.148 of the Negotiable Instruments Act, 1881, as a condition for suspending the sentence in an appeal filed against his conviction u/s.138 of the NI Act. Headnotes† Negotiable Instruments Act, 1881 – ss.138 and 148 – Appellant is the authorized signatory of the company – The signed cheques were presented in the bank – The cheques were dishonoured and returned with the
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