https://www.taxtmi.com/caselaws?id=298786 The court allowed the petition, set aside the order issuing process under Section 138 of the N.I. Act, and dismissed the complaint. It was held that there was no legally enforceable debt or liability at the time the undated cheques were issued, rendering the process against the petitioner unsustainable. The court emphasized the necessity of a subsisting debt or liability at the time of cheque issuance for an offence under Section 138. The order of issuance of process was deemed unsustainable in the absence of such a debt or liability. en-us Thu, 26 Jul 2018 00:00:00 +0530 Sat, 20 Nov 2021 09:54:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298786 The court allowed the petition, set aside the order issuing process under Section 138 of the N.I. Act, and dismissed the complaint. It was held that there was no legally enforceable debt or liability at the time the undated cheques were issued, rendering the process against the petitioner unsustainable. The court emphasized the necessity of a subsisting debt or liability at the time of cheque issuance for an offence under Section 138. The order of issuance of process was deemed unsustainable in the absence of such a debt or liability. Case-Laws Indian Laws Thu, 26 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298786