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Indian Laws - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Cheque dishonoured - Section 138 of the Negotiable Instrument ...


Cheque Bounce Case: Complainant Fails to Prove Legitimate Income Source, Debt Not Legally Recoverable u/s 138.

February 24, 2015

Case Laws     Indian Laws     SC

Cheque dishonoured - Section 138 of the Negotiable Instrument Act - complainant had no source of income to lend a sum of ₹ 14 lakhs to the accused and he failed to prove that there is legally recoverable debt payable by the accused to him. - SC

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