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Indian Laws - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Dishonor of Cheque - Once a cheque is drawn for discharge of a ...


Cheque for Time-Barred Debt Creates Enforceable Contract; Not Considered Non-Legally Enforceable Debt or Liability.

February 6, 2020

Case Laws     Indian Laws     HC

Dishonor of Cheque - Once a cheque is drawn for discharge of a time barred debt, it creates a promise which becomes an enforceable contract and therefore, it cannot be said that the cheque is drawn in discharge of debt or liability which is not legally enforceable.

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