Acquittal Set Aside in Cheque Bounce Case Under Negotiable Instruments Act Over Running Account and Limitation Dispute, Fresh Hearing Ordered: Madras High Court

The present case arises from a criminal appeal filed by Pramod Kumar Daga, Proprietor of M/s Ambica Genpower, Chennai against the judgment of acquittal dated 24.04.2017 passed by the trial court in C.C.No.3498 of 2011. The respondents include M/s Insulation House and its partners and mandate holder, who were accused in a cheque dishonour case under Section 138 of Negotiable Instruments Act, 1881. Cheque Transaction and Alleged Liability The dispute…