Authority: Supreme Court of India (Criminal Original Jurisdiction)
Order Date: 09 July 2026
Case Overview
- Petitioners: M/s Grey Metal Autocast Pvt. Ltd. & others; Respondents: Lakshmi Naidu & others.
- Petition sought transfer of criminal proceedings under Sections 138 and 141 of the Negotiable Instruments Act, 1881.
- The petition argued that the collecting bank was outside the jurisdiction of the court where the case was pending.
- The Court examined the location of the collecting bank and found it within the territorial jurisdiction of the court handling the original proceedings.
- Reliance was placed on Section 142(2)(a) of the NI Act and the Supreme Court’s earlier judgment in M/s Shri Sendhur Agro & Oil Industries v. Kotak Mahindra Bank Ltd. (2025 SCC OnLine SC 508), concluding that the criteria for transfer were not satisfied.
Final Outcome
- The Transfer Petition No.662/2026 is dismissed in terms of the signed order placed on the file.
- Any pending applications, if any, are ordered to stand disposed of.
Topics: Transfer Petition, Negotiable Instruments Act