Cheque Dishonour Due To ‘Account Blocked’ Following Partner’s Death Does Not Attract Section 138 NI Act: Karnataka High Court

The High Court of Karnataka has held that criminal proceedings under Section 138 of the Negotiable Instruments Act, 1881 cannot be initiated when a cheque is dishonoured on the ground of “account blocked” following the death of a partner, as Section 138 is attracted only in cases of insufficiency of funds. Quashing the criminal proceedings

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