Sec. 138 of Negotiable Instruments Act
Querist :
Anonymous
(Querist) 07 April 2011
This query is : Resolved
Whether provisions of Sec. 138 of NIA are applicable to a "bearer" cheque ?
Guest
(Expert) 08 April 2011
SEC 138 WILL APPLY TO ALL DISHONOURED CHEQUES, WHETHER MADE OVER OR BEARER CHEQUE.