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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - self cheque - the cheque is styled as a ...

Case Laws     Indian Laws

February 24, 2021

Dishonor of Cheque - self cheque - the cheque is styled as a self cheque and over and above it, the term "or bearer" has not been scored off. The holder of the cheque could be a 'holder in due course', who could maintain a complainant under Section 142 of the NI Act - the very contention that there is no endorsement and the self cheque does not attract Section 138 of the NI Act, cannot be accepted at this juncture. - HC

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