PRAKASH CHANDRA PUNETHA vs M/S MAGMA SHRACHI FINANCE LTD. — T.P.(Crl.) No. 123/2010
Case under Section IV. Status: DISPOSED.
CNR: SCIN010080922010
Filing Date
12-Mar-2010
Registration No
T.P.(Crl.) No. 123/2010
Diary Number
8092/2010
Order Date
18-Nov-2011
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Data as of 03-Jul-2026
Acts & Sections
Petitioner(s)
PRAKASH CHANDRA PUNETHA
Adv. VISHWA PAL SINGH
Respondent(s)
M/S MAGMA SHRACHI FINANCE LTD.
Adv. ABHIJAT P. MEDH (Dead / Retired / Elevated)
Orders
Case Summary: The Supreme Court dismissed Prakash Chandra Punetha's transfer petition seeking to challenge the jurisdiction of the XVIIth Metropolitan Magistrate in Calcutta to hear a Section 138 Negotiable Instruments Act complaint filed by Magma Shrachi Finance Ltd. The Court held that jurisdictional challenges are not valid grounds for transfer and ruled that the petitioner's remedy, if aggrieved, lies elsewhere. The petition was dismissed on November 18, 2011, without any observations on merits. This case analysis is maintained by casestatus.in based on publicly available court records.
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