Cheque Bounce Case Revived; Each Dishonoured Cheque Creates Fresh Criminal Liability, Court Holds: Supreme Court

In an important judgment dealing with cheque bounce cases under Section 138, Negotiable Instruments Act, 1881, the Supreme Court of India has clearly held that dishonour of separate cheques, even if issued for the same transaction, can result in separate criminal prosecutions. The Court restored a criminal complaint which was earlier quashed by the Delhi High Court and clarified the correct legal approach while dealing with multiple cheque dishonour cases…