issued undated cheques which implies that
the cheques were not blank cheques. Further, to prove that the date on the
cheques was not mentioned ... also mentioned
the dates and issued post dated cheques. Even assuming that he issued
undated cheques by filling other particulars and later the complainant
respondent is not
presently admitting the fact that those cheques were undated
cheques. The constitution of the Settlement Committee as per
order No.3W/2005 ... that those cheques were issued as "security cheques". When
the amounts relating to those credit transactions for which 57
undated cheques were issued
appellant had collected margin in
non-permissible forms such as undated cheques and immovable property.
Subsequently, the NSE appointed an external Auditor, who undertook ... dated and
undated cheques, purchase of property or property documents etc.
Accepting any sort of security such as post and undated cheques, property,
property documents
away
price. He further stated that the company had taken 9 undated cheques, as
security and same could have been used for payment of balance ... mode, from last 12 instalments,
or any authority to use undated cheques. The counsel for OP relied upon the
decision in the case of Charanjeet
stated that the cheques in question bear his signatures and same were given
towards security as undated cheques and payment of few cheques given ... against the complainant.
During his crossÂexamination, he accepted that the undated cheques
were issued by him in discharge of liability of firm
were put to the accused in which he admitted that undated cheques
were handed over by him to the father of the complainant ... cheques in
question were not given for consideration.
Defence of accused is that he took loan from father of
complainant and gave him undated cheques
give loan to the
plaintiff and she handed over three undated cheques and the
defendant has instructed to the wife of the plaintiff that
these ... issued post
dated cheques, whereas, in her leave to defend, she has stated
that she had issued undated cheques, whereas, in the
application
usual course of business the defendant no. 1 used to issue
undated cheques to the plaintiff as per the invoice with an understanding that after ... dates on the cheques. It
was stated that besides the said cheques the defendant no. 1 had also issued cheques as
security to the plaintiff
very common knowledge that
commission agents used to obtain such blank/undated cheques from the
ARVIND SHARMA
2014.11.19 14:13
I attest to the accuracy
desired that the complainant should at least hand over three blank undated
cheques to the Company as security for distributorship, which were
accordingly handed over