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MADRAS HIGH COURT
Year of decision: 2006
Details
Negotiable Instruments Act, 1881, Section 138-- Company - Cheque dishonoured - 'Account freezed' on account of winding up proceedings - Company having issued cheque for subsisting liability is bound to see that cheques are honoured at any cost - Freezing of account is not on account of act of complainant but it is on account of act of accused -..........

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