Owing to the dishonour of cheque issued by the accused to ... After hearing the parties, the Court perused Section 138 and Section 142 of the NI Act and highlighted, as per Section 138(c), the ...
The Delhi High Court bench of Justice Amit Mahajan has reiterated that proceedings under Section 138 of the Negotiable ... vicariously responsible for dishonour of cheque. The court allowed ...
The Section 138 of the NI Act deals with the offence pertaining to dishonour of cheque for insufficiency, etc., of funds in the drawer’s account on which the cheque is drawn for the discharge of any ...
Varma has been convicted under Section 138 of the Negotiable Instruments Act, which penalizes the dishonour of a cheque. This includes cheques that are dishonoured due to insufficient funds or that ...