Home / 
Complaint Under Negotiable Instruments Act Must State Cheque Issued for Pre-existing Debt, Evidence Not Required.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Dishonour of Cheque - All that a complaint under Section 138 of N.I. Act requires to contain is such factual averments as are necessary to satisfy the ingredients of the said provision, namely, that the cheque/money bill which has been dishonoured was issued to discharge full or partial pre-existing debt liability. It is not be the pre-requisite of Section 138 of the N.I. Act to plead evidence in the complaint itself. - SC....
TaxTMI