How to escape from a financial institution takes action with a blank cheque ? Sec 138 & 139 NI Act.
Channel: LAWYERS LINE
Date: 2021-07-09

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How to escape from a financial institution that takes action with a blank cheque ? Sec 138 & 139 NI Act.

Legally Speaking Hardcover – 1 January 2016
https://amzn.to/3p8HRpk

வெற்றுக் காசோலை மூலம் நடவடிக்கை நடவடிக்கை எடுக்கும் நிதி நிறுவனத்திடம்இருந்து தப்பிப்பது எப்படி?

Section 138 of Negotiable Instrument Act
Section 139 of Negotiable Instrument Act

How our  Security cheque can save us  from cheque bouncing offence under NI 138
A cheque is defined under the Negotiable instrument act and if a cheque is bounced and liability on cheque is not discharged,it creates an offence under section 138 NI act,

Now the presumption under section 139 of the NI act  is a rebuttable presumption and that can be discharged by the accused if he can show there is no legally enforceable debt at the time cheque was issued.

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