Phanindra Kumar (Adovcate) 23 September 2014
Can any body help me on my query?
My Query?
is there any case law related to Negotiable instrument act on the following example?
Example:
A has issued a cheque for Rs. 10,00,000/- to B, where on the cheque given there is written by the bank that the cheque can be issued only upto Rs.5,00,000/- when B presented the cheque the cheque was dishonoured saying over limit. can B file case against A under section 138 of Negotiable instrument act?
Advocate Bhartesh goyal (advocate) 23 September 2014
As per the latest judgment of Delhi High Court " cheque dishonoured due to any reason comes under the purview of sec 138 of N.I.act.
Alinawaz (_) 23 September 2014
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