Cheque Bounce | Supreme Court Landmark Judgment | Part payment of Sum Due | S 56 & 138 NI Act Hindi

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Landmark Judgement of Supreme Court on Cheque bounce where part payment of sum due is made but cheque is deposited for entire amount without any endorsement of amount received

Indorsement for part of sum due

Cheque Bounce - landmark Supreme Court Judgement on SECTION 138 NEGOTIABLE INSTRUMENT ACT

Is Section 138 a criminal offence?
How do you escape a cheque bounce case?

"Cheque Bounce" is a serious offense which is punishable by imprisonment and fine which is stated in the Negotiable Instrument Act
Cheque Bounce - landmark Supreme Court Judgement on SECTION 138 NEGOTIABLE INSTRUMENTS ACT

What is the time period for 138 notice?
What is 138 stop payment?
What happens if my cheque bounces?

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Judgement Link:

https://indiankanoon.org/doc/131972785/

Brief description of the video

In this video, legal expert Adv Kunal Seth will discuss a landmark judgment of the Hon’ble Supreme Court passed on 11 October, 2022 in Dashrathbhai Trikambhai Patel vs Hitesh Mahendrabhai Patel.

The Hon’ble Supreme Court held that if part payment of a loan has been made after the cheque was issued but before encashment, such amount must be endorsed on the cheque since the cheque dishonoured must represent a legally enforceable debt.
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