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United Spirits Ltd. vs. Gold Star Wines Case by GILLHARVINDER is a document available to read on EtoBox.

What is United Spirits Ltd. vs. Gold Star Wines Case about?

The court convicted M/s Gold Star Wines and its partners for issuing a dishonored cheque amounting to ₹20,00,000 to M/s United Spirits Limited under Section 138/142 of the Negotiable Instruments Act. The accused failed to provide sufficient evidence to rebut the presumption of liability, and the defense argument regarding the cheque being a security was deemed invalid. The judgment was delivered on January 12, 2024, with a conviction duration of nearly six years.

Author

GILLHARVINDER

Language

EN