Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Sufficient funds - Available in other bank accounts of the company - Accused cannot rely upon other bank accounts for the dishonoured cheque which relates to specific bank account of accused...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Joint account maintained by husband and wife - Cheque signed by husband only - Wife not liable for cheque drawn by her husband from the joint account relating to both of them - Proceedings qua wife quashed...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Joint account maintained by husband and wife - Cheque signed by husband only - It is only the drawer of cheque who can be made an accused in proceeding u/s 138 of the Act - Proceedings qua wife quashed...........
Negotiable Instruments Act, 1881, Section 138, 148 -- Dishonour of cheque - Order to deposit 50% of cheque amount - Accused was unable to comply with the condition and delay occurred in the process of making arrangement to pay 50% of cheque amount - 20% of cheque amount was deposited by accused - Lower appellate Court thus, directed to condone the delay of 59 days, number..........
Negotiable Instruments Act, 1881, Section 138, 148 -- Dishonour of cheque - Order to deposit 50% of cheque amount - Accused was unable to comply with the condition and delay occurred in the process of making arrangement to pay 50% of cheque amount - 20% of cheque amount was deposited by accused - Lower appellate Court thus, directed to condone the delay of 59 days, number..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Joint liability - A person other than the person who has drawn the cheque on an account maintained by him, cannot be prosecuted for the offence u/s 138 of the Act...........
Negotiable Instruments Act, 1881, Section 138, 142(2)(a) -- Dishonour of cheque - Jurisdiction - If cheque is delivered for collection at a branch other than where payee or holder in due course maintains an account, branch of Bank where payee or holder in due course maintains the account shall be treated as branch of Bank for the purpose of S.142(2)(a) of the Act...........
Negotiable Instruments Act, 1881, Section 138, 142(2)(a) -- Dishonour of cheque - Jurisdiction - Complainant maintains his account at `A' Branch - He has no account at `T' Branch - Even though complainant delivered the cheque for collection at `T' Branch of same Bank, by virtue of deeming provisions contained in S.142(2) Explanation of the Act, `A' Branch of the bank has..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Cheque was dishonoured with a remark that there was no such bank account - Since cheque was dishonoured for the reasons which are not covered u/s 138 of the Act, no offence u/s 138 of the Act is made out - Summoning order set aside...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Bank account closed - When cheque is dishonoured for the reason `account closed', it cannot be presumed that accused has not issued the cheque...........
