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No hard and fast rule that a cheque issued as security can never be presented by drawee | Supreme Court सेक्युरिटी के रूप में दिया गया चेक बाउंस होने के स्थिति में भी NI Act के अंतरगर्त होगा अपराध | Legal knowledge | By Expert Vakil Supreme Court: In a case where it was argued before the Court that an offence under Section 138 of the Negotiable Instruments Act was not made out as the dishonourment alleged is of the cheques which were issued by way of ‘security’ and not towards discharge of any debt, the bench of MR Shah and AS Bopanna*, JJ has held that a cheque issued as security pursuant to a financial transaction cannot be considered as a worthless piece of paper under every circumstance and that there cannot be a hard and fast rule that a cheque which is issued as security can never be presented by the drawee of the cheque. The Court explained that ‘security’ in its true sense is the state of being safe and the security given for a loan is something given as a pledge of payment. It is given, deposited or pledged to make certain the fulfilment of an obligation to which the parties to the transaction are bound. [Sripati Singh v. State of Jharkhand, 2021 SCC OnLine SC 1002, decided on 28.10.2021] Judgment Link : https://www.expertvakil.com/in-the-ev... Subscribe ****************** / @expertvakil More Video... मुफ़त कानूनी सहायता सेवाएं कैसे ले? | How to get Free Legal Aid । Legal Knowledge | By Expert Vakil • मुफ़त कानूनी सहायता सेवाएं कैसे ले? | How ... High Value Transactions Tracked by Income Tax | Specified Financial Transactions 285BA • High Value Transactions Tracked by Income ... Judicial Separation | Section 10 | The Hindu Marriage Act | Legal knowledge | By Expert Vakil • Judicial Separation | Section 10 | The Hin... Adverse Possession Property Law Explained in Hindi | Legal Knowledge | By Expert Vakil • Adverse Possession Property Law Explained ... Mortgage & Types of Mortgages | Section 58 | The Transfer of Property Act, 1882 | By Expert Vakil • Mortgage & Types of Mortgages | Section 58... When can 498A FIR be quashing? | Legal Knowledge | By Expert Vakil • When can 498A FIR be quashing? | Legal Kno... Hashtag ****************** #expertvakil #supremecourtjudgment #chequebouncecase #legalknowlege #legal #legaladvice #legalhelp #lawinindia #onlinelegaladvice #lawyeradvice For more information... Visit : https://www.expertvakil.com M : +91-8980028995 Email : info@expertvakil.com Email : help.expertvakil@gmail.com Join Us Online on: Facebook : / expertvakil Twiter : / expertvakil Instagram : / expertvakil9 Linked IN : / expertvakil Tiktok : / expertvakil BlogSopt : https://expertvakil.blogspot.com/ Dailymotion : https://www.dailymotion.com/expertvakil ============================================ Thanks and Regards, #ExpertVakil LIKE | COMMENT | SHARE | SUBSCRIBE Disclaimer- Some contents are used for educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. All credit for copyright materiel used in video goes to respected owner. ______________________________________________________________ law,awareness,indian law,pdf judgement,kanooni gyan,kanoon ki jankari hindi me,online legal advice,ipc in hindi,क्या सिक्योरिटी में दिया क्या चेक कैश करवा सकते हैं सुप्रीम कोर्ट,चेक बाउंस पर सुप्रीम कोर्ट का फैसल,cheque bounce case,judgement on chequr bounce,cheque dishonour case judgement,important judgments,important judgments 2021,recent cases,important cases,important cases of 2021,important cases of supreme court india 2021,landmark cases 2021,current affairs 2021,recent judgments,n.i.act,niact,n.i act,supreme court,judgement,138,139,118,rulling,negotiable,instrument,latest,guidelines,dishonour,cheque,cheques,signature,sign,admitted,bounce,case,instruments,act,cheque bounce hone par kya kare,negotiable instrument act,Expert Vakil, expert vakil,expert, vakil,lawyer,advocate, legal help, legal help in hindi,law, legal, law in india,online legal advice,lawyer advice,online legal help,legal advice,legal knowledge,laws in india,law in india,ishan tathagat,ishan,advocate ishan, adv ishan,