Allahabad High Court: Cheque Returned By Bank Indicating “Account Closed” Constitutes Dishonour of Cheque under Section 138 of the NI Act The Allahabad High Court has ruled that if a bank returns a...
Issuing Cheque Subsequent To Closing Of The Bank Account Would Amount To The Offence Of Cheating Under Indian Penal Code, 1860 INTRODUCTION: The Kerala High Court in its decision in T.O....
No offence under S. 138 NI if cheque is presented for full amount without endorsing part payment: Supreme Court In an appeal against the judgement of the Gujarat High Court, the Supreme Court held...
An offence under Section 138 Negotiable Instruments Act, 1881 can also arise against A Cheque issued as Security: Supreme Court A Cheque issued as Security pursuant to a Financial Transaction cannot...
What are some new guidelines by Supreme Court regarding cheque bounce matter? Recently, the Supreme Court has constituted a committee under the Chairmanship of former Bombay High Court Judge,...
