Question Is About To Section 138 NI ACT

Asked in Computer and IT

  • PRATEEK JINDAL

    Udaipur

Expert's Answers(23)

  • The mandates of Sec 138 NI Act are that there should be consideration for the cheque, it can be guarantee also, and the conditions are sine qua non ie should be completed. Onus is on the accused to prove that there is no consideration which is the only defense available if presumptions are available rightly.

    March 30, 2017