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Indian Laws - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Dishonour of Cheque - Legally enforceable debt or not - The ...

Indian Laws

December 4, 2023

Dishonour of Cheque - Legally enforceable debt or not - The explanation to Section 138 of the Negotiable Instruments Act defines the expression “debt or other liability” as a legally enforceable debt or other liability. Unless the two conditions set out in Section 138 of the Act are satisfied, no criminal liability can be fastened. - HC

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