Supreme Court reverses Gujarat High Court acquittal in cheque dishonor case involving Jerum Plastics and Ramanand Plastics.
Court directs Jerum Plastics to pay ₹10 lakh cheque amount plus 6% interest from issuance date to Ramanand Plastics.
Managing Partner Prakashbhai Prajapati faces 3-month imprisonment for default in payment within stipulated timeframe.
Ruling based on procedural error where High Court introduced new pleading not raised by defendants during trial.