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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - Fraudulent transaction or not - The Court ...

Indian Laws

July 30, 2021

Dishonor of Cheque - Fraudulent transaction or not - The Court notices that there is no disputes with regard to the signature on the cheuqe and her defence is that the brother-in-law had obtained her signature under the pretext that for emergency purpose this would be required for the use of the cheque in the business. There is an initial admission of the cheque, the presumption under Section 139 of the N.I.Act would come into play. - HC

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