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Adinath@Avinash Patil (advocate)     25 July 2009

n.i.act.sec.138

chequr return with endorsment " full cover not recived" wether complaint u/s 138 of negotiable instrument Act  Tenable?. any latest case law?.



Learning

 2 Replies

Ziaul Haque Ansari (Advocate)     25 July 2009

Yes a cas u/s 138 NI Act will be tenable

1 Like

Vishwa Bhushan Arya (Service)     25 July 2009

If on the date of presentation, there is no sufficient balance in the account maintained by the drawer of the cheque, the offence is made out.  No matter what the remark on memo is.

vishwa arya

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