Cheques Dishonored With Endorsements 'Insufficient Fund', 'Account Closed', 'Signature Mismatch' Attract S. 138 NI Act: Allahabad High Court
In a significant ruling, the Allahabad High Court, presided over by Hon'ble Arun Kumar Singh Deshwal, J., dismissed an application to quash the summoning order and proceedings in a case filed under Section 138 of the Negotiable Instruments Act. Case Background: The applicant, Vijay Kumar, was summoned by the learned Civil Judge (S.D.), Fast Track Court (F.T.C.), Ghaziabad, in connection with Complaint Case No.6594 of 2023 filed by Rahul. The…
