Thu. Mar 4th, 2021

Section 140 of The Negotiable Instruments Act, 1881

1 min read

140. Defence which may not be allowed in any prosecution under section 138.-  It shall not be a defence in a prosecution for an offence under section 138 that the drawer had no reason to believe when he issued the cheque that the cheque may be dishonoured on presentment for the reasons stated in that section.

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