Friday, July 31, 2020

Drawer of cheque not liable u/s 138 if cheque presented to drawee bank after period of expiry of its validity

FEMA, BANKING & INSURANCE : Where cheque was presented to drawee bank after period of expiry of its validity of three months, drawer could not have been summoned for offence punishable under section 138

from www.taxmann.com Latest Case Laws https://ift.tt/39KMgm4
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