Liability for cheque dishonour in case of blank cheque and for offence under S.138 of Negotiable Instruments Act, 1881 was explained in Signaps v. Bumpy Udyog [2008] GCtR 6452 (Delhi). In this case cheque was issued on 14/12/99 and cheque was returned on 21/12/99. Accused had argued that cheque was given as security.
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