Bombay High Court Dismisses Petitions Challenging Section 138 NI Act Complaints — Reiterates That Issuance of Cheque as Security Does Not Bar Prosecution. The court held that the defence that a cheque was issued as security cannot be considered at the stage of issuance of process and is a matter for trial.
5 Jan 2010The judgment involves three criminal writ petitions filed by accused persons facing trial under Section 138 of the Negotiable Instruments Act, 1881. T...




