https://www.taxtmi.com/caselaws?id=766871 SC partially allowed appeal in dishonour of cheque case under Section 138 NI Act. Appellant-accused issued four post-dated security cheques totaling Rs.9,00,000 for property rental which were dishonoured. Trial court convicted accused but reduced compensation to Rs.3,00,000 considering Rs.5,00,000 repayment. SC held appellant entitled to deduct due rent and maintenance from security deposit, thus not liable for entire amount. Complainant failed to establish full amount as legally enforceable debt. SC quashed appellate court and HC judgments, restored trial court decision with partial liability. en-us Tue, 04 Mar 2025 00:00:00 +0530 Thu, 06 Mar 2025 07:35:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766871 SC partially allowed appeal in dishonour of cheque case under Section 138 NI Act. Appellant-accused issued four post-dated security cheques totaling Rs.9,00,000 for property rental which were dishonoured. Trial court convicted accused but reduced compensation to Rs.3,00,000 considering Rs.5,00,000 repayment. SC held appellant entitled to deduct due rent and maintenance from security deposit, thus not liable for entire amount. Complainant failed to establish full amount as legally enforceable debt. SC quashed appellate court and HC judgments, restored trial court decision with partial liability. Case-Laws Indian Laws Tue, 04 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766871