Stop Payment

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Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2011 What are the consequences of Stop Payment???

Liability of Cheque Drawer in case it
stops Payment??

CA Ankit Gulgulia (Jain) (Expert)
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17 June 2011 Section 138 of Negotiable Instruments Act can be Invoked in either Case.

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2011 Please explain in detail,

Also what is the difference between Dishonour of Cheque & Stop Pymnt in legal sense>>>

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