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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - FIR against the misuse of blank cheques - ...


Court Orders Investigation into Misuse of Cheques After Loan Drawer Passes Away; High Court Dismisses Petition.

November 16, 2022

Case Laws     Indian Laws     HC

Dishonor of Cheque - FIR against the misuse of blank cheques - Undisputedly seven numbers of blank cheques were handed over to the Finance company at the time of disbursement of loan. It is also found that the cheque in question was placed for encashment after the demise of one of the drawer of the cheque and an inflated value has been incorporated in the cheque which is at variance to the amount demanded by way of notice under the SARFAESI Act. - Through investigation is required - Petition dismissed - HC

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