If Interest Is Claimed On Cheque Which Doesn't Include Interest Component, It Does Not Remain Legally Enforceable Debt: Punjab & Haryana High Court

In a significant ruling, the High Court has quashed a complaint under Section 138 of the Negotiable Instruments Act, 1881 (NIA), providing clarity on the issue of interest on dishonored cheques. This case highlights the legal nuances surrounding the payment of interest on such cheques and the obligations of the parties involved. Background Rajesh Kumar, the petitioner, sought to quash the summoning order and subsequent proceedings initiated by Anjali Sharma,…