Dishonor of cheque due to difference in signature covered u/s. 138 of NI Act

Mohammad Shafi Wani Vs Noor Mohammad Khan (Jammu & Kashmir High Court) Held that provisions contained in Section 138 of the NI Act is to be interpreted in a liberal manner so as to achieve the object for which the said provision has been enacted. Thus, dishonor of cheque due to difference in signatures is also covered under section 138 of the Negotiable Instruments Act Facts- The respondent has filed a complaint against the petitioner alleging that a cheque for an amount of Rs.5.00 lacs, issued by petitioner, was returned unpaid by the concerned bank with the remarks “funds insufficient ...