https://www.taxtmi.com/caselaws?id=301862 A complaint under Section 138 of the Negotiable Instruments Act could not be maintained where the cheque arose from an illegal money-lending transaction, because the underlying debt was not legally enforceable without the required licence. The Court also treated the claim as barred where the complainant firm was unregistered under the Partnership Act, since an unregistered firm cannot enforce a contractual right against a third party. In both respects, the dishonoured cheque did not represent a legally enforceable debt or liability, and the acquittal was affirmed. en-us Tue, 26 Nov 1996 00:00:00 +0530 Mon, 14 Nov 2022 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301862 A complaint under Section 138 of the Negotiable Instruments Act could not be maintained where the cheque arose from an illegal money-lending transaction, because the underlying debt was not legally enforceable without the required licence. The Court also treated the claim as barred where the complainant firm was unregistered under the Partnership Act, since an unregistered firm cannot enforce a contractual right against a third party. In both respects, the dishonoured cheque did not represent a legally enforceable debt or liability, and the acquittal was affirmed. Case-Laws Indian Laws Tue, 26 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301862