SC: Dishonour of post dated Cheque given for Advance, is no crime under Sec.138 of Negotiable Instrument Act.
For a criminal offence under Sec.138, some debt must be existing. If post dated cheque is given as advance, no crime under Sec.138 of Negotiable Instrument Act.
For detailed discussion please case of Indus V Magnum 2014(12) SCC 539
Haresh Raichura
11/5/2015
Copyright : Haresh Raichura 2014. All Rights reserved.
