Legal Question in Banking Law in India
Account Blocked/Freezed can be prosecuted under 138 NI Act ?
Asked on 8/20/10, 11:21 am
3 Answers from Attorneys
Vishwa Arya
Arya & Co.
yes, it is very well established now based on judgments of supreme court
Answered on 8/20/10, 11:27 am
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
depends upon the circumstances. whether the cheque was issued earlier or after blocking of account and also other reasons showing mens rea.
Answered on 8/23/10, 12:11 am
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