UNDER SECTION 138 OF THE NI ACT, A SOLE PROPRIETOR IS LIABLE FOR THE DISHONOUR OF CHECKS ISSUED TO REPAY DEBTS

In the case between Sanat Kumar vs Sanjay Sharma. In the year 2016, loan of 25 lakhs is alleged to have been sought against the Complainant by both Accused No.1 and the Petitioner. Two of the cheques issued by Applicant No.1 worth ₹30 lakh currency; were….

Continue ReadingUNDER SECTION 138 OF THE NI ACT, A SOLE PROPRIETOR IS LIABLE FOR THE DISHONOUR OF CHECKS ISSUED TO REPAY DEBTS