Cheques Issued Against Claimed Friendly Loan of ₹1,24,000 Dishonoured

he case was filed by Yashoda Singh against Chandan Kumar over two cheques issued after a claimed friendly loan of ₹1,24,000. The cheques, for ₹24,000 and ₹1,00,000, were dishonoured for insufficient funds. Chandan Kumar denied taking the loan from Yashoda Singh and said he had instead borrowed ₹1,00,000 from her daughter Nisha, to whom he had given the cheques as security. The court found that he failed to produce sufficient…