https://www.taxtmi.com/highlights?id=58884 Dishonor of Cheque - the said bouncing of cheques on second presentation cannot be a ground for prosecution under Section 138 of the Negotiable Instruments Act, 1881 as one of the conditions precedent for prosecution i.e the cheque itself should be valid on the date of its presentation, is not satisfied when the cheques are returned as not acceptable to the bank on account of being non-MICR cheques. - HC en-us Thu, 22 Jul 2021 08:57:31 +0530 Thu, 22 Jul 2021 08:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58884 Dishonor of Cheque - the said bouncing of cheques on second presentation cannot be a ground for prosecution under Section 138 of the Negotiable Instruments Act, 1881 as one of the conditions precedent for prosecution i.e the cheque itself should be valid on the date of its presentation, is not satisfied when the cheques are returned as not acceptable to the bank on account of being non-MICR cheques. - HC Highlights Indian Laws Thu, 22 Jul 2021 08:57:31 +0530 https://www.taxtmi.com/highlights?id=58884