Landmark judgments on section 138 of the Negotiable Instruments

in138The object of introducing Section 138 in the Negotiable Instruments Act, 1881 (hereinafter referred to as NI Act) is to enhance the acceptability of cheques in the settlement(iii) Whether a prima facie case of vicarious liability is made out against the appellants. The Court relied upon Sampelly Satyanarayana Rao v.Indian Renewable Energy