https://www.taxtmi.com/caselaws?id=367263 The court quashed criminal proceedings under Section 138 of the Negotiable Instrument Act against the accused. The court found that the cheques in question were obtained as security during previous loan transactions and were not issued for any enforceable debt. The judgment favored the accused, concluding that the complaint was an abuse of legal process due to the lack of legally enforceable debt underlying the alleged cheques. The petition was allowed, leading to the closure of the connected miscellaneous petition. en-us Tue, 04 Sep 2018 00:00:00 +0530 Tue, 18 Sep 2018 08:01:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367263 The court quashed criminal proceedings under Section 138 of the Negotiable Instrument Act against the accused. The court found that the cheques in question were obtained as security during previous loan transactions and were not issued for any enforceable debt. The judgment favored the accused, concluding that the complaint was an abuse of legal process due to the lack of legally enforceable debt underlying the alleged cheques. The petition was allowed, leading to the closure of the connected miscellaneous petition. Case-Laws Indian Laws Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367263