On dishonour of Cheque, the subsequent payment must be with full amount or it can be in part.
Sec.138 of negotiable instruments act
Himanshu Jaiswal (Student CA IPC / IPCC) (28 Points)
13 October 2014Himanshu Jaiswal (Student CA IPC / IPCC) (28 Points)
13 October 2014On dishonour of Cheque, the subsequent payment must be with full amount or it can be in part.
Sunil S Nair
(Advocate & Legal Consultant)
(66 Points)
Replied 14 October 2014
It can be done by mutual understanding of the parties