https://www.taxtmi.com/caselaws?id=308689 The court held that once payment was made through demand drafts, the liability regarding the dishonored cheques ceased to exist. Emphasizing the specificity of proceedings under Section 138 of the Negotiable Instruments Act, the court clarified that such proceedings cannot be converted into a civil suit for recovery. As the liability created by the post-dated cheques was discharged by the demand drafts, the court allowed the petition, set aside the impugned order, and dropped the proceedings. This decision underscored the importance of distinguishing between liability under the Act and resolving disputes through civil suits, providing clarity on interpreting payment terms and statutory provisions related to dishonored cheques. en-us Tue, 14 Oct 2003 00:00:00 +0530 Thu, 13 Jul 2023 13:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308689 The court held that once payment was made through demand drafts, the liability regarding the dishonored cheques ceased to exist. Emphasizing the specificity of proceedings under Section 138 of the Negotiable Instruments Act, the court clarified that such proceedings cannot be converted into a civil suit for recovery. As the liability created by the post-dated cheques was discharged by the demand drafts, the court allowed the petition, set aside the impugned order, and dropped the proceedings. This decision underscored the importance of distinguishing between liability under the Act and resolving disputes through civil suits, providing clarity on interpreting payment terms and statutory provisions related to dishonored cheques. Case-Laws Indian Laws Tue, 14 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308689