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cheque given as security...

Querist : Anonymous (Querist) 15 September 2014 This query is : Resolved 
A (one businessman) sold some goods to B. B paid the part value in cash and issued a cheque against part payment. On the back side of cheque B wrote "cheque issued as security"

Now should A deposit the cheque for encashment in his bank account, what if cheque dishonours. Would A able to proceed for sec. 138 N. I. Act.
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Querist : Anonymous (Querist) 15 September 2014
Should he give a notice to B before depositing the cheque?
Kumar Doab (Expert) 15 September 2014
Anonymous query.
Advocate Bhartesh goyal (Expert) 16 September 2014
Anonymous query.
Devajyoti Barman (Expert) 16 September 2014
anonymous query..no reply..
Rajendra K Goyal (Expert) 16 September 2014
Anonymous query.
ajay sethi (Expert) 16 September 2014
anonymous query
T. Kalaiselvan, Advocate (Expert) 24 September 2014
Anonymous and academic query, no reply.
Advocate. Arunagiri (Expert) 24 September 2014
No reply to th4e anonymous query.

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