https://www.taxtmi.com/caselaws?id=754094 Part-payment made after issuance but before presentation reduces the cheque liability, and Section 56 of the Negotiable Instruments Act requires that payment to be endorsed on the instrument before the balance is presented for encashment. Where the cheque is presented for the full amount without recording the part-payment, it does not represent a legally enforceable debt at presentation and proceedings under Section 138 cannot be sustained. Quashing was therefore warranted on the admitted facts. en-us Tue, 28 May 2024 00:00:00 +0530 Tue, 18 Jun 2024 08:28:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754094 Part-payment made after issuance but before presentation reduces the cheque liability, and Section 56 of the Negotiable Instruments Act requires that payment to be endorsed on the instrument before the balance is presented for encashment. Where the cheque is presented for the full amount without recording the part-payment, it does not represent a legally enforceable debt at presentation and proceedings under Section 138 cannot be sustained. Quashing was therefore warranted on the admitted facts. Case-Laws Indian Laws Tue, 28 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754094