chequr return with endorsment " full cover not recived" wether complaint u/s 138 of negotiable instrument Act Tenable?. any latest case law?.
Ziaul Haque Ansari (Advocate) 25 July 2009
Yes a cas u/s 138 NI Act will be tenable
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.