https://www.taxtmi.com/caselaws?id=399336 A later liability arising from a separate transaction could not be set off against a cheque issued towards an earlier legally enforceable debt under the Negotiable Instruments Act. The cheque dishonour and statutory notice were undisputed, and the accused's counter-claim based on a later invoice did not defeat the Section 138 proceedings. The alleged payment to a third party was also not proved, as the payee was not examined and supporting evidence was lacking. On that basis, the conviction and sentence were sustained and no interference was warranted. en-us Thu, 27 Aug 2020 00:00:00 +0530 Fri, 27 Nov 2020 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399336 A later liability arising from a separate transaction could not be set off against a cheque issued towards an earlier legally enforceable debt under the Negotiable Instruments Act. The cheque dishonour and statutory notice were undisputed, and the accused's counter-claim based on a later invoice did not defeat the Section 138 proceedings. The alleged payment to a third party was also not proved, as the payee was not examined and supporting evidence was lacking. On that basis, the conviction and sentence were sustained and no interference was warranted. Case-Laws Indian Laws Thu, 27 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399336