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Company Cheque Dishonored Due to Single Signatory; No Guilt u/s 138, Possible Cheating u/s 420 IPC.

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....Dishonor of cheque - joint signatory - cheque was signed by only one signatory - The respondents may have committed an offence of cheating punishable under section 420 IPC but by no means it can be said that they are guilty of offence under section 138 N.I. Act. - HC....

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