Supreme Court imposes Rs 5 lakh for not adhering undertaking to Pay(NI Act)

Judgement By Hon’ble Justice Vikram Nath and Justice Rajesh Bindal on 3rd Jan’24, The fact of this case bring to light a situation marked by a persistent disregard for judicial directives and a careless approach to legal and financial obligations. The behavior of the Petitioner stands as a testament to how an individual’s casual attitude towards financial responsibilities and court orders can undermine the essence of judicial efficacy.