https://www.taxtmi.com/caselaws?id=445249 The Calcutta HC dismissed a revisional application in a cheque dishonour case under Section 138 N.I. Act. The petitioner argued that since an amicable settlement was reached for a balance amount different from the cheque amount, the proceedings were not maintainable. The HC held that the settlement amount being different from the cheque amount did not affect maintainability, as no payment was made between the cheque drawing date and presentation date, making the full cheque amount payable as an enforceable debt at presentation. en-us Fri, 29 Sep 2023 00:00:00 +0530 Wed, 01 Nov 2023 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445249 The Calcutta HC dismissed a revisional application in a cheque dishonour case under Section 138 N.I. Act. The petitioner argued that since an amicable settlement was reached for a balance amount different from the cheque amount, the proceedings were not maintainable. The HC held that the settlement amount being different from the cheque amount did not affect maintainability, as no payment was made between the cheque drawing date and presentation date, making the full cheque amount payable as an enforceable debt at presentation. Case-Laws Indian Laws Fri, 29 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445249