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...........
Civil Procedure Code, 1908, Section 20, Order 7, Rule 10 -- Jurisdiction of Court - Recovery suit on the basis of dishonoured cheque - Cheque presented in Bank at place `C' and dishonoured - Dishonor of cheques at place `C' which is a part of the cause of action for plaintiff's suit would bring the suit within territorial jurisdiction of Court at place `C' - Order of..........
Negotiable Instruments Act, 1881, Section 98(c) -- Suit for recovery on the basis of dishonoured cheque - When cheque is dishonoured for insufficiency of funds, drawer is not entitled for a notice of dishonour, as provision of S.98(c) of the Act provides that no notice of dishonour is necessary when party charged could not suffer damage for want of notice...........
Suit for recovery -- Suit for recovery on the basis of dishonoured cheque - Plea that it was a security cheque - Very fact that cheque was issued as security by itself imply that, in the event of non payment, security is liable to be enforced - A cheque issued as security would mature for presentation on default when payment is due...........
Suit for recovery -- Suit for recovery on the basis of dishonoured cheque - Defendant contended that it was a signed blank cheque that was entrusted to plaintiff - However, same is denied by plaintiff - DW1 even admitted that borrowed amount has not been repaid - In the absence of evidence to the contrary, case of plaintiff is liable to be accepted - Plaintiff is entitled..........
Civil Procedure Code, 1908, Section 34 -- Suit for recovery on the basis of dishonoured cheque - Interest - Considering prevailing rate of interest in banking transactions, grant of interest at the rate of 6% from the date of suit till realisation would be reasonable and justified...........
Civil Procedure Code, 1908, Section 21 -- Suit for recovery on the basis of dishonoured cheque - Jurisdiction - Cheque was presented and dishonoured within the jurisdiction of trial Court, as such trial Court had territorial jurisdiction to entertain the suit...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Complainant specifically admitted receiving of part payment of Rs.4,00,000 from accused but categorically stated that cheque issued by accused for balance amount was dishonoured - Accused failed to prove the defence taken by him - Though accused set up a case that he had not issued any cheque but no..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Complainant specifically admitted receiving of part payment of Rs.4,00,000 from accused but categorically stated that cheque issued by accused for balance amount was dishonoured - Accused failed to prove the defence taken by him - Though accused set up a case that he had not issued any cheque but no..........
Negotiable Instruments Act, 1881, Section 138, Criminal Procedure Code, 1973, Section 219, 220 -- Dishonour of eight cheques - Eight complaints - Joint trial - Cheques in question bear different dates and were presented and dishonoured on different dates - Statutory notices were also issued on different dates - Complaints were filed on different cause of actions pertaining..........
