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Cheque is an acknowledgement of debt – Even if the said cheque is not presented in time and become stale, but it is proved that the cheque was issued with intention to discharge the debt or part of the debt, then the limitation has to be reckoned from the date of the cheque. Judge jayachandren
by Sekar Reporter · Published May 8, 2020
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Cr. OP No. 2302/2021 In a path breaking order of huge significance, Justice Anand Venkatesh has by orders dt. 9th Feb,2021 in Cr. OP No. 2302/2021- directed the Director General of Police,State of Tamil Nadu, to constitute a Special Investigation Team ( SIT) under a State Addl Genl of Police, to exclusively look into the complaint dt.12/2021 made by M/s. Cholamandalam MS Genl Ins Co Ltd, a private motor insurance company relating 120 motor accidents claims relying on false/fake/fabricated insurance policies, throughout Tamil Nadu, valued at Rs.15.63 crores approx. Tracing the legacy of this scam to 2003- when the Madras HC took note for the first time, the learned judge pointed out that National Insurance Co Ltd v Director, CBI fake FIRs and false insurance claims were referred to CBI for re investigation in 2006.
by Sekar Reporter · Published February 10, 2021
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special bench of Justices V Parthiban and Anita Sumanth, counsel for the firm A L Somayaji moved a fresh application suggesting a deal with the department. “Due to seizures and freezing of bank accounts the company is unable to operate its business effectively. Payments to suppliers have been withheld, salaries to over 200 employees were delayed, and several other financial distresses have been caused to over 3,000 employees of the petitioner and its suppliers having a direct impact on the mid-day meal scheme of the state government
by Sekar Reporter · Published January 29, 2020