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Meghavath M R
Wrote on 07 May 2014  

A long pending untold issue of misusing the provisions of Sec 138 by the private money lenders obtaining blank cheques calls for the attention of H'ble Supreme Court. In this connection, it should be made mandatory that claim amount or its principal portion should have been routed through the bank account to which the bounced cheque has been issued irrespective of the amount. Similar in built check should also requires for cheque bounces in other issues.


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