N.i.act
Prem
(Querist) 27 June 2013
This query is : Resolved
Whether cheque returned with a reason of difference in signature attract offence under Negotiable Instrument Act?
Advocate Bhartesh goyal
(Expert) 27 June 2013
Yes,Recently Supreme Court held in criminal Appeal nos 1870-1909/2012 decided on 27-11-2012 in M/s Laxmi Dyechem vs State of Gujrat that specimen signatures do not match the signatures of the cheque would constitute a dishonour within the meaning of sec 138 of the Act.
prabhakar singh
(Expert) 27 June 2013
Agree with Mr.Bhartesh goyal Advocate with correct posting.