Supreme Court: Companies Act Scheme Doesn't Override Obligations Under Negotiable Instruments Act for Dishonoured Cheques.

Offence committed under Negotiable Instrument Act - non-payment of debts arising out of dishonour of cheques - sanction of a scheme u/s 391 of the Companies Act, 1956 - Scheme u/s 391 of the Companies Act cannot have the effect of overriding the requirement of any law. - SC .....

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