May 2, 2019
The Supreme Court of India is the highest judiciary authority in India. The apex court is responsible to apply the law and resolve any dispute.
The SC in a recent judgment in the instance of Ripudaman Singh VS Balakrishna, dated 13.03.2019 holds that the Objection under Section 138 of NI Act, 1881 is sustainable once the cheques are corrupted in an enactment of a Contract to Sell.