Monday, December 3, 2012

Cheque signature mismatch may lead to criminal proceedings: SC

...." 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 ' signatures do not match' or that the ' image is not found', which too implies that the specimen signatures do not match the signatures on the cheque would constitute a dishonour within the meaning of Section 138 of the Act," the bench said......

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