Supreme Court: Stop payment orders may lead to liability u/s 138 of Negotiable Instruments Act; High Court erred.

Even “stop payment” instructions issued to the bank are held to make a person liable for offence punishable under Section 138 of the NI Act - On factual issue, as to whether the complainant had discharged its obligations or not, the High Court could not have given its final verdict at this stage - SC .....

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