The Punjab and Haryana High Court held that a cheque bounce complaint under Section 138 of the NI Act cannot be quashed merely because the accused's husband's company undertook to discharge the liability under a settlement agreement. The Court ruled that disputed questions regarding legally enforceable debt must be decided at trial.
Read Full ArticleThe Gauhati High Court held that a cheque bounce notice 'advising' payment can constitute a valid demand under Section 138 of the Negotiable Instruments Act if it clearly requires the drawer to pay.
Calcutta High Court set aside a six-month jail sentence in a cheque bounce case, holding that making the accused answer a different cheque transaction at the plea stage violated his right to a fair trial, while retaining ₹3 lakh compensation.
Kerala High Court upholds acquittal in cheque bounce case, ruling undisclosed part payments negate legally enforceable debt under Section 138 NI Act.
Judiciary
Judiciary
Judiciary