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1 - 10 of 10 (0.35 seconds)The Negotiable Instruments Act, 1881
Section 118 in The Negotiable Instruments Act, 1881 [Entire Act]
Section 139 in The Negotiable Instruments Act, 1881 [Entire Act]
Section 437 in The Code of Criminal Procedure, 1973 [Entire Act]
Triyambak S.Hegde vs Sripad on 23 September, 2021
29. The accused has not disputed that the cheque
belongs to his account and it bears his signature, The
Honorable Supreme Court of India in "Triyambak S Hegde
v Sripad" (2022) 1 SCC 742 under para 14 of its judgment
reiterated that
"once the cheque was issued and that the
signatures are upon the cheque are accepted by
the accused, the presumptions undee Sec 118
and 139 of the NI Act arise against the accused.
That is, unless the contrary is proved, it shall be
presumed that the cheques in question were
drawn by the accused for a consideration and
that the complainant had received the cheque in
question in discharge of debt/liability from the
accused."
M/S Meters And Instruments Private ... vs Kanchan Mehta on 5 October, 2017
42. POINT NO.II:- In view of the reasons assigned in
above point, it is ample clear that accused has committed
the offence punishable u/s 138 of the Act. A bare reading
of sec.138 of the NI Act indicates that the purport of
sec.138 is to prevent and punish the dishonest drawers of
cheques who evade their liability. The Hon'ble Apex Court
35 C.C.14618/2023
in its recent decision in M/s. Meters & instrument Pvt
Ltd. Vs. Kanchana Mehta reported in (2018)1 SCC-560
held at para 18(ii)
that"(ii) The object of the provision being primarily
compensatory, punitive element being mainly with the
object of enforcing the compensatory element,
compounding at the initial stage has to be encouraged
but is not debarred at later stage subject to appropriate
compensation as may be found." In view of the reasons
assigned in above point, it is ample clear that accused has
committed the offence punishable u/s 138 of the Act.
Section 313 in The Code of Criminal Procedure, 1973 [Entire Act]
Section 357 in The Code of Criminal Procedure, 1973 [Entire Act]
The Code of Criminal Procedure, 1973
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