Tuesday, 28 January 2014

SC: Respondent couldn't be prosecuted for cheque dishonour if petitioner rejected its offer to clear

Negotiable Instruments Act : If offer of respondent to pay amount of cheque which had been dishonoured along with interest was not acceptable to complainant, it was complainant's choice but that would not allow it to prosecute respondent in pursuance to complaint which it had lodged for dishonour of cheque


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