Supreme Court Judgments Have Retrospective Effect Unless Clearly Mentioned Otherwise: Punjab & Haryana High Court

The Punjab and Haryana High Court recently addressed the question of whether judgments by the Supreme Court apply retrospectively. The case arose from an appeal against acquittal in a cheque dishonour complaint under Section 138 of the Negotiable Instruments Act. The appellant referred to the recent Supreme Court judgment in M/s Celestium Financial vs. A. Gnanasekaran, which held that a complainant in such cases is a "victim" under Section 2(wa)…