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Companies Law - Highlights / Catch Notes

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Dishonour of a cheque - prosecution based upon second or ...


Cheque Dishonor Prosecution Permissible on Subsequent Occasions u/s 138 of the Negotiable Instruments Act.

October 10, 2012

Case Laws     Companies Law     SC

Dishonour of a cheque - prosecution based upon second or successive dishonour of the cheque is also permissible so long as the same satisfies the requirements stipulated in the proviso to Section 138 of the Negotiable Instruments Act. - SC

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