Legal Question in Criminal Law in India
whether any security cheque is an negotiable instrument under ipc section 138 if compliant filled the case
Asked on 4/27/11, 10:24 pm
1 Answer from Attorneys
Vishwa Arya
Arya & Co.
It is section 138 Negotiable Instrument Act and not IPC. If accused can prove that the cheque was towards security then 138 is not attracted.
Answered on 4/27/11, 10:55 pm
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