<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2024 (1) TMI 507 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=448108</link>
    <description>A complaint under Section 138 of the Negotiable Instruments Act is sufficient if it contains factual averments showing that the cheque was issued towards a full or partial pre-existing debt or liability. Detailed evidence need not be pleaded at the complaint stage, and the supporting facts may be proved later. On this basis, allegations of business and financial dealings and issuance of cheques in discharge of liability were treated as enough to attract the statutory ingredients. The quashing order was therefore unsustainable, and the complaints were held maintainable for further proceedings in accordance with law.</description>
    <language>en-us</language>
    <pubDate>Thu, 04 Jan 2024 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 12 Jan 2024 08:39:18 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=739749" rel="self" type="application/rss+xml"/>
    <item>
      <title>2024 (1) TMI 507 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=448108</link>
      <description>A complaint under Section 138 of the Negotiable Instruments Act is sufficient if it contains factual averments showing that the cheque was issued towards a full or partial pre-existing debt or liability. Detailed evidence need not be pleaded at the complaint stage, and the supporting facts may be proved later. On this basis, allegations of business and financial dealings and issuance of cheques in discharge of liability were treated as enough to attract the statutory ingredients. The quashing order was therefore unsustainable, and the complaints were held maintainable for further proceedings in accordance with law.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Thu, 04 Jan 2024 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=448108</guid>
    </item>
  </channel>
</rss>