Withdrawal Slip Drawn on Co-operative Society Engaged in Banking Activities Qualifies as ‘Cheque’ Under Section 6 NI Act: Kerala High Court

The Kerala High Court delivered a significant ruling clarifying that a withdrawal slip issued by a cooperative society engaged in banking activities can be treated as a cheque under the Section 6 of the Negotiable Instruments Act. This judgment has important implications for cheque dishonour cases under Section 138 of the Negotiable Instruments Act. Background of the Case The case was filed by the petitioner, Clara Dominic, who approached the…