Shree Nagani Silk Mills Pvt. Ltd vs L.D Industries Ltd

insc-2025-1064 Supreme Court of India 2 September 2025 • CRIMINAL APPEAL NO. 3821 OF 2025; CRIMINAL APPEAL NO. 3822 OF 2025; CRIMINAL APPEAL NO. 3823 OF 2025; CRIMINAL APPEAL NO. 3824 OF 2025; CRIMINAL APPEAL NO. 3825 OF 2025; CRIMINAL APPEAL NO. 3826 OF 2025; CRIMINAL APPEAL NO. 3827 OF 2025 • 19 min read

5 cases cited (0 SG, 5 foreign) Cited by 1 case

Practice Areas

BIFR provisions of Sick Industrial Companies (Special Provisions) Act, 1985 Code of Criminal Procedure, 1973 Constitution of India Negotiable Instruments Act, 1881

Judges (2)

Manoj Misra Delivered Ujjal Bhuyan Coram

Parties (2)

L.D. Industries Ltd Respondent Shree Nagani Silk Mills Pvt. Ltd Appellant

Case Significance

Shree Nagani Silk Mills Pvt. Ltd vs L.D Industries Ltd is a Supreme Court of India decision dated September 2, 2025 (citation: insc-2025-1064). Seven criminal appeals arising from complaints under Section 138 of the Negotiable Instruments Act for dishonoured cheques. The Bombay High Court had quashed the proceedings using Article 227. The Supreme Court allowed the appeals and restored the complaints, finding that the revisional court and HC had erred in recalling the processes issued by the Magistrate. The bench comprised Justices Manoj Misra and Ujjal Bhuyan. The judgment was delivered by Justice Manoj Misra.

This case has been cited by 1 subsequent judgment. The judgment references 5 case citations.

Summary

Seven criminal appeals arising from complaints under Section 138 of the Negotiable Instruments Act for dishonoured cheques. The Bombay High Court had quashed the proceedings using Article 227. The Supreme Court allowed the appeals and restored the complaints, finding that the revisional court and HC had erred in recalling the processes issued by the Magistrate.