The Punjab and Haryana High Court has dismissed a petition seeking the quashing of a criminal complaint filed under Section 138 of the Negotiable Instruments Act, 1881 (NI Act), observing that a security cheque is an integral part of the commercial process and can be legally utilized to discharge a liability. Justice Manisha Batra held
Security Cheques Can Be Used to Discharge Liability; Disputed Facts Cannot Be Examined at Quashing Stage: Punjab & Haryana High Court
