https://www.taxtmi.com/highlights?id=34129 Offence under Section 138 of the Negotiable Instruments Act - dishonour of the cheque - the cheque in question was nothing but a security without any subsisting debt or liability as on the date of handing over of the cheque. The liability to pay an amount of ₹ 76 lac and odd could be said to have been incurred by the accused over a period of time in the course of the business transactions - Proceedings quashed - HC en-us Mon, 03 Apr 2017 09:28:49 +0530 Mon, 03 Apr 2017 09:28:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34129 Offence under Section 138 of the Negotiable Instruments Act - dishonour of the cheque - the cheque in question was nothing but a security without any subsisting debt or liability as on the date of handing over of the cheque. The liability to pay an amount of ₹ 76 lac and odd could be said to have been incurred by the accused over a period of time in the course of the business transactions - Proceedings quashed - HC Highlights Indian Laws Mon, 03 Apr 2017 09:28:49 +0530 https://www.taxtmi.com/highlights?id=34129