Sir,
I have a doubt in N.I.Act. A issued a cheque in favour of B for Rs.2,00,000/- for printing his book. Subsequently, B made a part payment of Rs.50,000/- by depositing the same in the online account of A. But A presented the cheque of Rs.2,00,000/- for collection and the same was bounced for want of sufficient funds. A issued notice to B, but the same is not personally served on him. A filed a complaint against B. But he admitted in the complaint that B paid Rs.50,000/-.Sir, I may be clariffied whether the complaint is maintainable under Sec.138 of N.I.Act and B is laible for punishment?
