Dishonor of cheque - The interest payments could not have been ...

Case Laws Indian Laws

June 28, 2021

Dishonor of cheque - The interest payments could not have been made in a vacuum but in connection with the loan given to the respondent by the petitioner. These facts are sufficient to hold that the petitioner has a prima facie case. The complete denial of the loan by the respondent in its reply to the Notice of Demand of the petitioner, sets off alarm-bells calling for a measure of protection to the petitioner - HC

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Dishonor of cheque - The interest payments could not have been ...

Case Laws Indian Laws

June 28, 2021

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