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Indian Laws - Highlights / Catch Notes

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Dishonor of cheque - insufficiency of funds - So far as the ...


Court Rules Acquittal Improper: Cheque Dishonor u/s 138 Not Linked to Money Lending License Validity.

January 11, 2020

Case Laws     Indian Laws     HC

Dishonor of cheque - insufficiency of funds - So far as the proceedings u/s.138 of the Negotiable Instruments Act is concerned, the question of the complainant having money lending licence does not arise - acquittal of the accused on the above said ground by the trial court is also not proper and correct.

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