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Multiple Cheques for One Transaction Can Mean Separate Section138 NI Act Prosecutions: SC
Case Law Details
- Case Name
- Sumit Bansal Vs Mgi Developers And Promoters (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
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Sumit Bansal Vs Mgi Developers And Promoters (Supreme Court of India)
Supreme Court held that under Section 138 of the NI Act, a separate cause of action arises upon each dishonour of a Cheque. Thus, multiple cheques arise from one transaction will give arise to separate prosecution u/s. 138 of NI Act.
Facts- The present batch of Appeals arises out of two separate judgments dated 17.04.2025 passed by the High Court of Delhi in the petitions filed under Section 482 of the Code of Criminal Procedure, 1973 seeking quashing of a set of four complaints instituted under Section 138 read with Sectio...
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