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Upholds Acquittal in S.138 NI Act Case, Finds Cheque Not Linked to Legally Enforceable Debt: Supreme Court

18 Apr 2024 2 min read
Upholds Acquittal in S.138 NI Act Case, Finds Cheque Not Linked to Legally Enforceable Debt: Supreme Court

In a recent development, the Supreme Court of India reviewed a significant case under the Negotiable Instrument Act, 1881. The case, involving M/S Rajco Steel Enterprises versus Kavita Saraff and Another, pertained to cheque dishonour accusations. Case Details: The petitioner, M/S Rajco Steel Enterprises, filed four complaint cases against the first respondent, Kavita Saraff, under Section 138 of the 1881 Act. These complaints were based on four cheques issued by…

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