https://www.taxtmi.com/caselaws?id=299788 The court quashed the complaint under Section 138 of the Negotiable Instruments Act against the company and its directors. The court held that since the cheque amount exceeded the debt owed at the time of presentation, Section 138 was not applicable. Consequently, the complaint was quashed, and the petitioners were granted relief. en-us Wed, 24 Jan 2001 00:00:00 +0530 Wed, 29 Dec 2021 14:18:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299788 The court quashed the complaint under Section 138 of the Negotiable Instruments Act against the company and its directors. The court held that since the cheque amount exceeded the debt owed at the time of presentation, Section 138 was not applicable. Consequently, the complaint was quashed, and the petitioners were granted relief. Case-Laws Indian Laws Wed, 24 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299788