If you have presented your cheque and it has bounced and you did not take any action and after few days you again presented the cheque and it again gets bounced, what will you do? since you have not taken any action
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Ni 138 is an Offence which has a criminal nature but with due diligence and due care one can easily sail through it. The NI 138 act is today being widely misused. The true intent of NI-138 is to protect the negotiable
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Security cheque and offence under 138 NI act NI 138 Quashing How your Security cheque can save you from cheque bouncing offence under NI 138 Is it cheating? Judgment IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION Joseph Vilangadan.
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