Dishonor of Cheque - insufficiency of funds - It cannot be ...

Court Upholds Cheque Dishonor Due to Insufficient Funds; Petitioner Fails to Provide Evidence of Adequate Balance.

May 7, 2022

Case Laws Indian Laws HC

Dishonor of Cheque - insufficiency of funds - It cannot be stated that the respondent has failed to prove that the cheque in question was not dishonoured for insufficiency of funds. In any case, if petitioner had sufficient funds in his account at the relevant time, it was always open to him to produce statement of account while leading his evidence in defence. Having failed to do so, it has to be presumed that whatever is stated in the memo of dishonour of cheque in question is correct. - HC

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Dishonor of Cheque - insufficiency of funds - It cannot be ...

Court Upholds Cheque Dishonor Due to Insufficient Funds; Petitioner Fails to Provide Evidence of Adequate Balance.

May 7, 2022

Case Laws Indian Laws HC

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