CTS
rtcheques cannot be presented in CTS. Banks have been
advised to withdraw the non-CTS cheques from the
customers. However, non-CTS cheques remain ... exceeds arrangements and the cheque was not returned by
the banker stating that the cheque was not a CTS cheque,
further the cheque
cheque and not an inactive cheque as contended
by the accused. The fact that RBI has issued guidelines
not to accept the non CTS cheque ... Therefore, the fact that the disputed cheque is rejected
for the reason of invalid cheque i.e. non CTS cheque
itself is sufficient to hold
cheque dt: 29.10.2018 and Ex.P.3 cheque dt:15.12.2018. The
Ex.P.1 cheque is returned with an endorsement as Non CTS
cheque ... CTS cheque or the CTS cheque, but not one
cheque which pertains to the Non CTS cheque and another
17
C.C.No. 3671/2019
accused neither disputed the cheque nor
his signature on the cheque or presentation of cheque
for encashment or disonour of cheque for want of
sufficient ... issuance of cheque or the
signature of the accused on the cheque or presentation
of cheque for encashment or dishonour of cheque
dispute
is non CTS cheque and non CTS cheques were available prior
to 2015 and non CTS cheque are not in use after ... 20871/2017
Ex.P1/cheque. No doubt, the cheque as per the evidence of
DW.2, non CTS cheque and CTS cheque came into
even
though non CTS cheque cannot be cleared through the CTS
system. Non CTS cheque refer to the cheques that do not
comply with cheque ... bank on
which the cheque is issued. The payee of the
cheque has an option to present the cheque in
any bank including the collecting
take back the cheque from complainant, which
cheque complainant has fraudulently misused. The
cheque being of older form - non CTS itself is proof that ... means cheque transition
system wherein the cheque when presented the physical
movement of the cheque is transacted electronically to the
drawee bank, the cheque
dishonoured and returned with an endorsement
dated 08.08.2019 stating "Non-CTS cheque not accepted in
clearing".
Hence, the complainant got issued legal notice ... CTS cheques to his
banker. It clearly shows that in order to cheat the complainant,
the accused has issued Non CTS cheque to him towards
customers for the
submission of non CTS cheques and getting exchange of
CTS-2010 cheques. CTS means 'CHEQUE TRUNCATION
SYSTEM', which means transfer ... returned as a
NON CTS cheque, which means the cheque is invalid
cheque which cannot be presented to the bank for
encashment. Here
fact that Ex.P1
cheque is not a cheque issued after introduction of CTS
system. If that was so, then the cheque allegedly given ... security must be a CTS cheque only, but as per Ex.P1
cheque it is a non-CTS cheque. This clearly goes to show
