Can the borrower raise the defense that the lender had no financial capacity to lend money? While noting the ingredients of Section 138 of the
Never mistake law for justice,
Justice is an ideal and law is tool.
-L.E. MODESITT JR.-
Category: NI Act
Complaint Cannot Be Lead Under Section 138 of NI Act, Once The Accused And Complainant Enter Into A Settlement Agreement
A complaint cannot be led under Section 138 of the NI Act, once the Accused and Complainant entered into a settlement agreement between them. In
Salutation like Mr., M/s. not mandatory while drawing cheque and not ground for acquittal under Sec. 138 of NI Act.
Recently the Kerala High Court ruled that the salutation is not mandatory while drawing the cheque, if the same is not present then the accused
Bouncing of Non-MICR cheque: its consequences. The Jharkhand High Court last week made some pertinent observations. Accordingly, the essentials required for prosecution under Section 138
Adv. Swati Goud
Result driven Criminal & Civil Lawyer with 7+ years of experience ensuring legality of all aspects.
Adv. Supriya Kamble
B.Com, LL.B. (Spl.)
Family Litigation Laywer and Consumer Protection Advisor with 7+ years of experience in the legality of all aspects.