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Indian Laws - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Bouncing of cheques - It is clear that the complainant itself ...


High Court Dismisses Complaints as Cheque Bounce Not Covered by Section 138 of Negotiable Instruments Act.

May 13, 2017

Case Laws     Indian Laws     HC

Bouncing of cheques - It is clear that the complainant itself was aware that the accounts had been frozen in terms of directions by some statutory authority. In these circumstances, the reasons for return of the cheques unpaid being not what is envisaged in Section 138 of the N.I. Act - complaints were rightly dismissed - HC

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