Cheque Bounce Case: Can Borrower Take Defence that Lender Lacks Financial Capacity to Lend Money?

A Court Of Metropolitan Magistrate (Ni-05), West, Tis Hazari Courts, New Delhi has acquitted an accused of cheque bounce case under Section 138 of Negotiable Instrument Act. While acquitting the accused, the court has answered some very important questions of law on availability of defence in cheque bounce case maintainability of complaint. Background A complaint

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