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Indian Laws - Highlights / Catch Notes

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Issued cheques in good faith without acknowledgment of its ...


High Court: Issuing Cheques in Good Faith Doesn't Exempt Liability Under Negotiable Instruments Act, Section 52 IPC Applies.

July 18, 2017

Case Laws     Indian Laws     HC

Issued cheques in good faith without acknowledgment of its liability - NI Act - The petitioner cannot escape its liability under Section 52 IPC by mere saying that the cheques issued were in good faith only. - HC

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