EPISODE · Sep 12, 2025 · 8 MIN
Shree Nagani Silk Mills Pvt. Ltd. vs. L.D. INdustries & Ors. 2025 INSC 1064
from Nyay Samachar · host Scoot Legal Translation & Transcription Services
Supreme Court shields prosecution under Section 138 NI Act, even for ‘SICK’ companies under SICA. Unless restraint orders specifically prohibit payment. The Court held that such mixed law that is fact issues must be proved at trial and early discharge is improper. This judgment stresses evidence-based justice and tightens standards for process recall. #SupremeCourt #NegotiableInstrumentsAc
What this episode covers
Supreme Court shields prosecution under Section 138 NI Act, even for ‘SICK’ companies under SICA. Unless restraint orders specifically prohibit payment. The Court held that such mixed law that is fact issues must be proved at trial and early discharge is improper. This judgment stresses evidence-based justice and tightens standards for process recall. #SupremeCourt #NegotiableInstrumentsAc
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Shree Nagani Silk Mills Pvt. Ltd. vs. L.D. INdustries & Ors. 2025 INSC 1064
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