Accused Acquitted in ₹15 Lakh Cheque Dishonour Case Under Section 138 of Negotiable Instruments Act: Delhi Court

Quick Summary M/s S.E. Investment Ltd., later substituted by M/s PaisaLo Digital Limited, filed a cheque dishonour case against Luv Kush under the Negotiable Instruments Act, 1881. The company alleged that Luv Kush had an outstanding liability and had issued a cheque for Rs. 15,19,657, which was dishonoured because of insufficient funds. Luv Kush admitted that the cheque belonged to him and that he had signed it, but said it…