Dishonour Of Cheque Against Valid Loan Sufficient To Prosecute U/S 138 NI Act, Drawee Need Not Have Money Lending License: Rajasthan High Court
A Rajasthan High Court judge has dismissed a petition filed by Ishak Mohammad, a businessman from Chittorgarh, challenging the lower court's rejection of his request to access the complainant's financial documents in a cheque dishonour case. Highlights of the Case: Act: Negotiable Instruments Act, 1881 (Section 138) Issue: Ishak Mohammad (petitioner) sought to compel Jagdish Kumar (complainant) to produce his Income Tax Return and money lending license. Case Details: Jagdish…