Legal Question in Credit and Debt Law in India

Dishonour of Cheque Section 138

Whether Dishonour due to stopping of Cheque attracts Section 138


Asked on 2/21/08, 10:46 am

4 Answers from Attorneys

Re: Dishonour of Cheque Section 138

Yes.Dishonouring of cheque for any reason attracts prosecution u/s.138 NI Act.

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Answered on 2/21/08, 12:22 pm
G. M. Gupta gmguptaandassociates

Re: Dishonour of Cheque Section 138

yes

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Answered on 2/24/08, 3:53 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: Dishonour of Cheque Section 138

Yes it does.

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Answered on 2/21/08, 11:11 pm
Garima Prashad GARIMA PRASHAD & ASSOCIATES

Re: Dishonour of Cheque Section 138

Yes. But you can be saved if you have valid reasons to stop the cheque. The liabillity to pay the amount must be proved to be cleared.

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Answered on 2/22/08, 6:23 am


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