The Negotiable Instruments Act

Dishonour of cheque for insufficiency, etc., of funds in the account

Presumption in favour of holder

Defence which may not be allowed in any prosecution under section 138

Offences by companies

Cognizance of offences

Validation for transfer of pending cases

Power of Court to try cases summarily

Power to direct interim compensation

Mode of service of summons

Evidence on affidavit

Bank's slip prima facie evidence of certain facts

Offences to be compoundable

Power of Appellate Court to order payment pending appeal against conviction


OF PENALTIES IN CASE OF DISHONOUR OF CERTAIN CHEQUES FOR INSUFFICIENCY OF FUNDS IN THE ACCOUNTS


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.


LAWGIST

# 140 Defence which may not be allowed in any prosecution under section 138