Just a moment...

Top
Help
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

2006 (5) TMI 552

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d against the respondent/accused alleging an offence under Section 138 of the Negotiable Instruments Act, 1881 (for short 'the Act'). 2. According to the appellant, the court below was not justified in acquitting the accused, finding that the case set up by the appellant/complainant that the accused had borrowed an amount of ₹ 50,000/-, and in repayment of that Ext.P1 cheque was iss....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ued was a blank cheque. The liability, as mentioned in the complaint, had never been incurred. Therefore, there was no liability, as mentioned in the complaint, so far as the accused is concerned. In such circumstances, the court below was justified in acquitting the accused, the counsel submits. 4. In the light of the decision in I.C.D.S.Ltd. v. Beena Shabeer, (2002 ACJ 249 (S.C.): 2002(3) CCC 4....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....then, for which time was available till 20.2.1998. Thus, the case set up in Ext.P5 reply notice was that until that date, the complainant did not have locus standi to present the cheque. 6. Thus the evidence on record reveals that Ext.P1 cheque has been issued by the accused and that it bounced for want of sufficient fund and that the accused did have transaction with the complainant and there wa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e bank. When a blank cheque is issued by one to another, it gives an authority on the person, to whom it is issued, to fill it up at the appropriate stage with the necessary entries regarding the liability and to present it to the bank. In the light of this, the accused cannot be absolved of the liability. He is, therefore, liable for conviction, reversing the impugned judgment. 3. Accordingly, I....