Section 138 of NI Act Not Attracted on Dishonour of Cheque Issued to Return Bribe Amount: Madras High Court
The Madras High Court has held that dishonour of a cheque issued for returning a bribe amount cannot attract Section 138, Negotiable Instruments Act, because such money is not a legally enforceable debt. Justice K Murali Shankar delivered this important ruling while hearing an appeal challenging an acquittal order. Nature Of The Disputed Transaction The Court observed that the complainant’s own case clearly showed that the money was given to…
