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India Foils Limited Versus SR Foils Limited and Ors.

2001 (11) TMI 1037 - DELHI HIGH COURT

Company Petition No. 421 of 2000 - Dated:- 20-11-2001 - Madan B. Lokur, J. For Appellant: Vibha D. Makhija and R.S. Paliwal, Advs For Respondents: Madan Gera, Adv. ORDER Madan B. Lokur, 1. The petitioner has filed this petition under the provisions o .....

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ts debts. Consequently, the affairs of the respondent deserve to be wound up under the aforesaid provisions of the Act. 3. According to the petitioner, the respondent had issued certain cheques to the petitioner but the same had bounced. Consequently .....

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of the Negotiable Instruments Act. 5. The concluding paragraph of the notices are the same and they read as follows: "My clients also reserve their rights to take such other remedies as are available to them in law, for recovery of the above am .....

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ired to pay a sum of ₹ 1,000/- (Rupees one thousand only) as costs of this notice." 6. A perusal of the notices clearly shows that they were issued under the provisions of the Negotiable Instruments Act and not under the provisions of the .....

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from this technicality which can, under normal circumstances be ignored, the concluding paragraph of the notices mentioned above clearly shows that the notices were intended to be issued under the provisions of the Negotiable Instruments Act. The pet .....

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