Negotiable Instruments Act – Section 138 Cheque Dishonor Case:
The case revolves around a complaint filed under Section 138 of the Negotiable Instruments Act, 1881 by Ranjeet Raj Chopra against Nitin Sodha. The complainant alleged dishonor of four cheques issued by the accused, each for a sum of Rs. 2,00,000, drawn on State Bank of India, Jawalaheri Village Branch, Paschim Vihar, Delhi. The cheques were dishonored due to "funds insufficient". Loan Agreement Between Parties The complainant and accused were…
