STATE TRADING CORP.OF INDIA LTD. vs M/S MAHESH AGRO P.LTD.. — Crl.A. No. 722/2014

Case Summary: State Trading Corp. of India Ltd. v. M/S Mahesh Agro P. Ltd. Outcome: The Supreme Court allowed State Trading Corp.'s appeals on April 1, 2014, setting aside the High Court's February 19, 2009 judgment that had quashed cheque bounce complaints (Nos. 837-838 of 2006 under Negotiable Instruments Act Section 138). The Court held that factual questions—whether cheques issued as security constitute "debt" and whether statutory presumptions apply—cannot be determined by High Court under Section 482 CrPC before trial evidence. Next Steps: Matters remitted to trial court for decision on merits in accordance with law. This case analysis is maintained by casestatus.in based on publicly available court records.