Sarveshwar Mehrotra (Practising Lawyer) 14 December 2008

Security Cheque- Dishonour Of

Kindly Provide the latest ruling on the Dishonour of the Security Cheque, whether Security Cheque deposited with the Bank attracts the Provision of Section 138 of N.I. Act more particularly when blank cheque is given ?

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7 Replies

Prakash Yedhula (Lawyer) 14 December 2008

Where cheques issued as security, on dishonour of such cheque, not offence under Sec.138 of the Act (2001 (2) RCR (Crl.) 75 MP) also see 2002 (3) Crimes 145 ( Raj).

Sunny Honey (Student) 14 December 2008

Thankx sir, very useful information. Sir can u please cite the name of the case as well, accompanied by the number and year of judgement of the appropriate jurisdictional high court or that of Supreme Court. URGENT REPLY REQUIRED.

Regards,

GUEST

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Sarveshwar Mehrotra (Practising Lawyer) 14 December 2008

Thank you sir

RAKHI BUDHIRAJA ADVOCATE (LAWYER AT BUDHIRAJA & ASSOCIATES SUPREME COURT OF INDIA) 24 December 2008

thanx a lot sir

Kamal Grover (Advocate High Court Chandigarh M:09814110005 email:adv.kamal.grover@gmail.com) 18 November 2009

There are various latest judgments also of supreme court that cheque issued as security did not attract provisions of 138. But ur counsel have to search the same.

Regards

adv.kamal.grover@gmail.com

Jais Kumar (Director) 20 November 2009

There are various latest judgments of supreme court that cheque issued as security did not attract provisions of 138. Can any one please help me in searching the same.

anjalidevkar@indiatimes.com