Dishonour of Cheque - in view of the moratorium, the cheques ...
High Court Quashes Summoning Order: Cheque Dishonor Due to Moratorium and IRP Letter Invalidates Cashing.
June 14, 2023
Case Laws Indian Laws HC
Dishonour of Cheque - in view of the moratorium, the cheques were incapable of encashment - prior to presentation of cheques, not only the mortarium kicked in but the IRP had also sent the effective letter. As a result, the cheques became incapable of encashment. - The petition is allowed and the summoning order is quashed. - HC
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