Cheque Dishonour Under Section 138 NI Act: High Court Upholds Conviction of Accused in Mahalaxmi Jewellers Case – Himachal Pradesh High Court

Background of the Case The case involves Smt. Usha Goel, Proprietor of Mahalaxmi Jewellers as the complainant who filed a complaint under Section 138 of the Negotiable Instruments Act (NI Act) against the accused, who had issued cheques that were later dishonoured. The accused had argued that the cheques were given as security for a loan taken by her husband. The dispute reached the High Court as a revision petition…