Negotiable Instruments Act, 1881, Section 138 – If the cheque was issued in terms of the compromise, it did not create a new liability – As the compromise did not fructify, the same cannot be said to have been issued towards payment of debt.
Negotiable Instruments Act, 1881, Section 138 – If the cheque was issued in terms of the compromise, it did not create a new liability – As the compromise did not fructify, the same cannot be said to have been issued towards payment of debt.
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