Dishonour of Cheque Under Section 138 of the Negotiable instruments Act 1881

Cheque is an instrument that is defined in Section 6 of “The Negotiable Instruments Act, 1881” as “cheque” is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise other than on demand and it includes the electronic image of a truncated cheque and a cheque in the electronic form (Hereinafter The Negotiable Instruments Act, 1881 is referred to as “the Act”).

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