https://www.taxtmi.com/caselaws?id=309663 The High Court ruled in favor of the petitioner, a company, in a case involving a loan default and a cheque issued under Section 138 of the Negotiable Instruments Act. The court found the absence of necessary averments under Section 141 and the excess cheque amount made the complaint unsustainable. Criticizing the mechanical process issuance without proper inquiry under Section 202, the court quashed the process issuance and the complaint, emphasizing compliance with Section 202 and Section 141 requirements for a valid complaint. The court allowed the criminal writ petition, highlighting errors in the lower courts' judgments. en-us Wed, 22 Feb 2023 00:00:00 +0530 Thu, 14 Sep 2023 21:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309663 The High Court ruled in favor of the petitioner, a company, in a case involving a loan default and a cheque issued under Section 138 of the Negotiable Instruments Act. The court found the absence of necessary averments under Section 141 and the excess cheque amount made the complaint unsustainable. Criticizing the mechanical process issuance without proper inquiry under Section 202, the court quashed the process issuance and the complaint, emphasizing compliance with Section 202 and Section 141 requirements for a valid complaint. The court allowed the criminal writ petition, highlighting errors in the lower courts' judgments. Case-Laws Indian Laws Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309663