Negotiable instruments act

Querist : Anonymous (Querist) 04 January 2012 This query is : Resolved
whether provisions of Sec. 138 of Negotiable Instruments Act are applicable for the memo "inactive account" ? If yes, which is applicable citation of Bombay High Court or Supreme Court ? If no, how ?

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Shonee Kapoor (Expert) 05 January 2012
The same is applicable.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

V R SHROFF (Expert) 05 January 2012
sec 138 n i is It is applicable in dormant a/c also

ajay sethi (Expert) 05 January 2012
agree with experts shonee and shorff that section 138 is applicable

DEFENSE ADVOCATE.-firmaction@g (Expert) 05 January 2012
Only when the instrument was issued prior to inactivation otherwise not.

prabhakar singh (Expert) 05 January 2012
agree with experts.JSDN speaking for cheating case.

Devajyoti Barman (Expert) 05 January 2012
Yes I agree too.

Raj Kumar Makkad (Expert) 06 January 2012
It attracts 138 NI Act.

Querist : Anonymous (Querist) 06 January 2012
Respected Advocates, who have replied .....

First of all thanks a lot for expressing your valuable opinion. My further query remained unexplained i.e. If yes, which is applicable citation of Bombay High Court or Supreme Court ?

Hope you will again give your valuable guidance.

Thanking you.

prabhakar singh (Expert) 06 January 2012
You need to browse on indiakanoon

Sailesh Kumar Shah (Expert) 07 January 2012
search at www.indiankanoon.org

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