High Court Quashes Complaint u/s 138 of Negotiable Instruments Act Due to Lack of Enforceable Debt or Liability.

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....Dishonour of the cheques - VAT liability - In the absence of any adjudication by a competent authority, it cannot be said that on the date when the cheques were drawn there was an existing enforceable debt or liability. - Complain u/s 138 of the Negotiable Instruments Act quashed - HC....