The Implication of Recent Landmark Decision of Apex Court on Cheque Dishonour Cases
Dhaka, Nov. 20 -- Cheque dishonour case is very common dispute and case in our courts in respect of business transactions and other monetary disputes. Sections 138 to 141 of the Negotiable Instrument (NI) Act of 1881 deal with the provisions of cheque dishonour issues. The long established rule was the burden of proof is on the cheque holder about the veracity and transaction between the parties though sections 43 and 118 of NI Act provide the burden of consideration upon the claimant. The complaint was to prove the cheque, Signature of holder and grounds of dishonour in the court. For such legal proposition, a number of people were victimized due to fraudulent transaction, blank cheques, security cheques for business, loan and other tran...
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