Tuesday, March 15, 2011

DRAWER OF BOUNCED CHEQUE SHOULD NOT BE PUNISHED TWICE

The supreme court (SC) has ruled a person convicted for issuing the instrument can not be prosecuted again on the charge of cheating about the same cheque. The cheque issued without sufficient balance in the account is a case under section 138 of the Negotiable Instrument Act. The offence of cheating is under section 420 of the IPC. In this case, Kolla Veera Vs Gorantla Rao the convict submitted he was found guilty in the chequecase; so he could not be punished a second time for issuing the cheque as a case of cheating.

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