Offence U/Sec 138 NI Is Not Made Out If Part Payment Made By Borrower Is Not Endorsed And Cheque Is Presented For The Full Amount: supreme Court

The Supreme Court has ruled that no offence would be made out for dishonour of cheque if the cheque is presented for the full amount without endorsing part-payment made by the borrower after the cheque is issued. As per the court, the sum shown on the cheque would not be a legally enforceable debt within

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