Cheque Dishonour Leads to Criminal Conviction: High Court Upholds Legal Liabilities Under NI Act - Himachal Pradesh High Court
Introduction to the Case: In a significant legal ruling, the High Court addressed a case related to the dishonour of a cheque under Section 138, Negotiable Instruments Act (NI Act). The case revolved around the failure to honour a cheque due to insufficient funds and the subsequent legal implications under the NI Act. The complainant, a petitioner, claimed that the cheque issued by the respondent was dishonoured, leading to a…