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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - legally enforceable debt or not - Here it ...


Cheque Dishonor Case: Cheques Presented After Two Years Deemed Invalid; Fails Legal Debt Enforcement.

March 23, 2021

Case Laws     Indian Laws     HC

Dishonor of Cheque - legally enforceable debt or not - Here it has come out in clear terms that the cheques were handed over two years prior to the date of presentation. In other words, it was not presented to the bank within a period of six months from the date on which it was drawn or within the period of its validity, whichever is earlier. This aspect cuts the very root of the case of the appellant - HC

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