The High Court of Delhi, in a judgment pronounced on November 11, 2025, has held that a criminal complaint under Section 138 of the Negotiable Instruments Act, 1881, cannot be quashed at the summoning stage merely on the grounds that the dishonoured cheque was given as ‘security’ or that the amount represented in the cheque
‘Security Cheque’ Matures for Presentation When Liability Crystallizes, S.138 Complaint Cannot Be Quashed at Summoning Stage: Delhi HC
