Defence on "dishonour of bills of exchange"


What defence we may take in case of dishonor of Bills of Exchange? Whether Transaction of Bills of Exchange enforsable under SARFAESI or Debt Recovry Laws?

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Were the bill of exchange issued to bank? As such there is no universal defence. Each case has its separate and distict defence based on the pleadings and facts of the each case. Consult a lawyer with details. Sidharth 9811776422 

 
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