138 of NI Act
V. Ramakrishna
(Querist) 26 May 2011
This query is : Resolved
In the trial court the magistrate in the judgment says "" The Exp.. proves that the Exp..was issued regarding the transaction between the accused and Complainant as mentioned in Ex... it is decided that the accused is found guilty as per the Act """
Now the question is ,, can any cheque issued for any transaction be an offence
u/s 138 of the act???
Ajay Bansal
(Expert) 26 May 2011
Give all contents of judgement for getting proper advice from me.
Advocate Bhartesh goyal
(Expert) 26 May 2011
Cheque issued against any debt or liability,if dishonoured due to reason "funds insufficient"comes under the offence u/s 138 of N.I Act.
adv. rajeev ( rajoo )
(Expert) 26 May 2011
If cheque is issued towards discharge of legally payable debt then it amount an offence u/s 138 of NI Act.
sharad raghav - 9990549475
(Expert) 26 May 2011
s-138 deals only with dishonour etc of cheque and make such thinks punishable.for more plz explore ur case.