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Indian Laws - Highlights / Catch Notes

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Dishonor of cheque - Even if I do not believe the statement of ...


Court Rules Section 138 of Negotiable Instruments Act Inapplicable for Cheques Given as Security; Complainant's Documents Crucial.

January 11, 2020

Case Laws     Indian Laws     HC

Dishonor of cheque - Even if I do not believe the statement of the accused, the documents of the complainant cannot be brushed aside - Since the cheques were given by way of security, which is evident from the complainant’s documents (though this fact has also been suppressed in the complaint petition), I find that Section 138 of the Negotiable Instruments Act is also not attracted in this case.

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