Saturday, December 15, 2012

Bounced cheques: SC offers a new interpretation


The apex court has taken a strict view of cases where cheques are dishonoured

In a recent judgement on cheque bounce issues, the Supreme Court, while taking into consideration genuine cases, has suggested to follow the principle of the Laxmi Dyechem Vs State of Gujarat & Others, on a case to case basis as it is also necessary to properly judge the intention of the accused to avoid wrongful conviction.......


Read - Moneylife

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