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    <title>2007 (8) TMI 814 - BOMBAY HIGH COURT</title>
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    <description>The High Court found the statutory notice under section 138 of the Negotiable Instruments Act to be valid, stating it adequately informed the accused of the debt. It also determined that despite a name discrepancy on the cheque, the complainant was the payee. The court emphasized the accused&#039;s failure to provide evidence to disprove the loan advancement and rejected the accused&#039;s claim of a blank cheque for a different purpose. Consequently, the accused was convicted under section 138 of the Act, sentenced to four months&#039; imprisonment, and ordered to pay compensation or face further imprisonment.</description>
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    <pubDate>Wed, 22 Aug 2007 00:00:00 +0530</pubDate>
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      <title>2007 (8) TMI 814 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=303247</link>
      <description>The High Court found the statutory notice under section 138 of the Negotiable Instruments Act to be valid, stating it adequately informed the accused of the debt. It also determined that despite a name discrepancy on the cheque, the complainant was the payee. The court emphasized the accused&#039;s failure to provide evidence to disprove the loan advancement and rejected the accused&#039;s claim of a blank cheque for a different purpose. Consequently, the accused was convicted under section 138 of the Act, sentenced to four months&#039; imprisonment, and ordered to pay compensation or face further imprisonment.</description>
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      <pubDate>Wed, 22 Aug 2007 00:00:00 +0530</pubDate>
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