Harshit

Dishonour of a cheque issued to satisfy time barred debt-
Whether attracts criminal liability

Introduction Today, courts are flooded with Cheque Dishonour cases to such an extent that in every metropolitan area and in big districts there are Special Courts of Judicial or Metropolitan magistrates to deal exclusively with these cases. Negotiable Instruments Act (NI Act) provides for the offence of cheque dishonour. Section 138, N.I. Act[i] provides for

Dishonour of a cheque issued to satisfy time barred debt-
Whether attracts criminal liability
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