Only a few years back , holder of cheque used to be very confident of winning the case under 138 NIA, but today I feel that it is very difficult to file and then win a 138 NIA case.
Here are my findings:-----
1) No money lender license---no recovery of money
2) Acct. closed/cheque stopped --No NIA 138
4) Unaccounted money given on loan----No case
Also see these links:-------
Cheque bouncing cases are going on and on and on---so instead of rendering quick justice to its people Govt. devised these tactics to reduce 138 NIA cases.
Great set back to Banking Growth and Economic growth and justice
and and and and and Plz. contribute/ also correct me if I am wrong some where ......