Case Law Details
Case Name : M/s Laxmi Dyechem Vs State of Gujarat & Ors.(Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
A Bench of justices T.S. Thakur and Gyan Sudha Mishra set aside the verdict of Gujarat High Court which had held that criminal proceedings for dishonouring of cheque can be initiated only when the cheque is dishonoured because of lack of sufficient amount in the bank account and not in case where a cheque is returned due to mismatch of signature of account holder.
“Just as dishonour of a cheque on the ground that the account has been closed is a dishonour falling in the first contingency referred to in Section 138 of Negotiable Instrument Act, so also dishonour on the ground that the ’sign...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
What is the position of the person whose cheque is stolen and signature is forged? This judgement may lead to this kind of instances.Please clarify