Section 138 of NI Act

 Section 138 of NI Act 

Section 138 of N.I Act, 1881 uses following words : -

Cheque drawn by a person on an account maintained by him 

For payment of any amount of money to another person from out of that account for the discharge, in whole or in part, of any debt or other liability 

Returned by the bank unpaid, either because of the amount of money standing to the credit of that account is insufficient to honour the cheque or that it exceeds the amount arranged to be paid from that account by an agreement made with that bank 

Deemed to have committed an offence