NIA S. 138 – Mere issuance of a cheque is not an offence

nia s. 138 – Mere issuance of a cheque is not an offence, but it becomes punishable when the said cheque is dishonoured –  Mere fact that the record of the drawer bank shows a particular name as account holder would not be sufficient to establish that account is being maintained by the account holder, unless the said account holder holds the authority and control over the said account.

ibc S. 14

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