section 138 of the negotiable instruments act
India
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- Ad ID #00007850
- Views 126
- Contact Person Jyoti Sharma
- Contact Number
- Added on March 04, 2019
- Last Updated 5 years ago
- Location: India
- Price: Check with Seller
- https://www.myadvo.in/blog/dishonor-of-post-dated-cheques-supreme-courts-latest-judgment/
Description
In accordance with Section 138 of the Negotiable Instruments Act, dishonouring of the issued cheque by the bank is due to insufficient funds in the issuer’s account. Or if the specific amount on the cheque is over, and above the amount arranged to be discharged by the issuer.
Jyoti Sharma
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