https://www.taxtmi.com/caselaws?id=402199 The court quashed proceedings under Sections 138 and 142 of the Negotiable Instruments Act in a case where the petitioner denied issuing cheques for a legally enforceable debt. The petitioner argued that the cheques were issued as security for a loan in 2008 and were non-CTS cheques. The court found the complaint to be an abuse of process, emphasizing the legal requirements in cheque dishonor cases and the importance of considering all circumstances before legal action. The judgment underscores the need to adhere to legal provisions and avoid misuse of court processes in cheque-related matters. en-us Wed, 02 Sep 2020 00:00:00 +0530 Sat, 26 Dec 2020 10:37:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402199 The court quashed proceedings under Sections 138 and 142 of the Negotiable Instruments Act in a case where the petitioner denied issuing cheques for a legally enforceable debt. The petitioner argued that the cheques were issued as security for a loan in 2008 and were non-CTS cheques. The court found the complaint to be an abuse of process, emphasizing the legal requirements in cheque dishonor cases and the importance of considering all circumstances before legal action. The judgment underscores the need to adhere to legal provisions and avoid misuse of court processes in cheque-related matters. Case-Laws Indian Laws Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402199