https://www.taxtmi.com/caselaws?id=299078 The High Court upheld the trial court's decision to dismiss the petition for leave to appeal in a case involving a cheque issued under Section 138 of the Negotiable Instruments Act. The court found that the cheque amount exceeded the actual liability, rendering it not in discharge of legal obligations. Relying on precedent, the court emphasized that for Section 138 to apply, the cheque must be drawn towards the discharge of the debt. As the petitioner failed to demonstrate grounds for appeal, the petition was dismissed. en-us Fri, 15 Jul 2016 00:00:00 +0530 Fri, 03 Dec 2021 08:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299078 The High Court upheld the trial court's decision to dismiss the petition for leave to appeal in a case involving a cheque issued under Section 138 of the Negotiable Instruments Act. The court found that the cheque amount exceeded the actual liability, rendering it not in discharge of legal obligations. Relying on precedent, the court emphasized that for Section 138 to apply, the cheque must be drawn towards the discharge of the debt. As the petitioner failed to demonstrate grounds for appeal, the petition was dismissed. Case-Laws Indian Laws Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299078