Section 138 Attracted Even If Cheque Issued For Sale Consideration Not Disclosed in Sale Deed

Advertisement Bhawish Chand Sharma Vs Bawa Singh (Delhi High Court) The mutual agreement between the parties to disclose only a part of the consideration under the sale deed may attract other consequences for the parties. However, that by itself does not render the underlying transaction unlawful. Pertinently, it is not claimed that at the relevant time, there was a bar to payment of consideration in cash and the said bar had the effect of invalidating the transaction. In the aforesaid light, I am of the considered view that the appellant has proved beyond all reasonable doubt that the cheq...