Refusal to Record Statement of Bank’s Authorised Representative in Cheque Dishonour Case is Liable to Be Set Aside: Jammu & Kashmir High Court

The Jammu & Kashmir High Court recently dealt with an important matter under the Section 138, Negotiable Instruments Act, 1881, concerning cheque bounce proceedings. The case arose when the complainant, Iftikhar Ashraf Trumboo, filed a complaint against Furqaan Ahmad Rather after a cheque issued by the latter was dishonoured due to insufficient funds. The cheque had been issued to discharge a financial liability, and its return led to the initiation…