https://www.taxtmi.com/caselaws?id=464978 HC held that cheques issued by petitioners were not for a legally enforceable debt, as no amount had been borrowed and the cheques were given only in connection with settlement of a suit. Petitioners had, by letter dated 06.11.2019, requested the respondent not to present the cheques, which was received, yet the cheques were presented and subsequently stopped by petitioners through their banker. Noting that no offence under Section 138 NI Act was made out, HC quashed the proceedings pending before the Judicial Magistrate Court-II, Ponneri. en-us Thu, 02 Nov 2023 00:00:00 +0530 Thu, 27 Nov 2025 19:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464978 HC held that cheques issued by petitioners were not for a legally enforceable debt, as no amount had been borrowed and the cheques were given only in connection with settlement of a suit. Petitioners had, by letter dated 06.11.2019, requested the respondent not to present the cheques, which was received, yet the cheques were presented and subsequently stopped by petitioners through their banker. Noting that no offence under Section 138 NI Act was made out, HC quashed the proceedings pending before the Judicial Magistrate Court-II, Ponneri. Case-Laws Indian Laws Thu, 02 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464978