Legal Question in Banking Law in India
checque dishonered
138.n.i.act on behalf of void contract chaque was issuied.latter on it was dishonerd. wheather it comes under 138 n.i.act
Asked on 6/30/08, 3:41 am
3 Answers from Attorneys
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: checque dishonered
Yes but you can defend it as contract was void.
Answered on 7/15/08, 6:23 am
Re: checque dishonered
Yes,it comes u/s.138 N.I.Act,rest is a matter of trial.
Answered on 6/30/08, 5:53 am
J. Radhakrishnan
independent Practice
Re: checque dishonered
a cheque is presumed to have been issued in discharge of a debt unless the contrary is proved in the trial under Sec.138 N.I.Act. Therefore it is a matter to be agitated in defence when prosecution is filed on dishonour of a cheque.
Answered on 6/30/08, 9:32 pm
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