https://www.taxtmi.com/caselaws?id=780328 A cheque issued expressly as security, and not meant for presentation, does not support prosecution under Section 138 of the Negotiable Instruments Act unless it is shown to have been issued against an existing legally enforceable liability; the Court treated the MOU and contemporaneous correspondence as decisive and found the prosecution unsustainable. Where complaints were returned for want of territorial jurisdiction, the earlier summoning proceedings became ineffective, and the transferee court could not adopt the previous summons without issuing a fresh summoning order; that jurisdictional defect also vitiated the proceedings. en-us Mon, 27 Oct 2025 00:00:00 +0530 Wed, 29 Oct 2025 08:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780328 A cheque issued expressly as security, and not meant for presentation, does not support prosecution under Section 138 of the Negotiable Instruments Act unless it is shown to have been issued against an existing legally enforceable liability; the Court treated the MOU and contemporaneous correspondence as decisive and found the prosecution unsustainable. Where complaints were returned for want of territorial jurisdiction, the earlier summoning proceedings became ineffective, and the transferee court could not adopt the previous summons without issuing a fresh summoning order; that jurisdictional defect also vitiated the proceedings. Case-Laws Indian Laws Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780328