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Somnath Sarkar vs Utpal Basu Mallick & Anr on 7 October, 2013

In the case of Somnath Sarkar Vs. Utpal Basu Mallick and Another, (2013) 16 SCC 465, the Hon'ble Supreme Court discussed the nature of offence under Section 138 of the Act and observed that, "dishonour of cheque being a regulatory offence, aimed at ensuring the reliability of negotiable instruments, the provision for imprisonment extending up to two years was only intended to ensure quick recovery of the amount payable under the instrument."
Supreme Court of India Cites 6 - Cited by 79 - V Sen - Full Document
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