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2022 (7) TMI 1319 - HC - Indian LawsDishonor of cheque - post dated cheque - existence of legally enforceable debt or not - debt becoming time barred - Section 138 of NI Act - HELD THAT:- This Court in NARSI DASS VERSUS SURENDER [2014 (11) TMI 1263 - PUNJAB AND HARYANA HIGH COURT] has contended that on the date when the post dated cheque was to be encashed, the liability of the petitioner in respect of the sale would have become time barred and hence no proceedings under Section 138 of the Negotiable Instrument Act can be initiated on the basis of the dishonour of the cheque as there would be no legally enforceable debt subsisting on that date. Notice of motion for 20.10.2022.
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