Legal Question in Banking Law in India
A cheque issued by propreitor concern having cash credit facility in bank, signed by mandte holder returned. what is the postion of sec 138
Asked on 1/09/11, 4:46 am
1 Answer from Attorneys
Vishwa Arya
Arya & Co.
proprietor is liable under section 138 for amount of the cheque
Answered on 1/09/11, 5:50 am
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