Check Bounce: Responsibility on Signatory in Cheque Bounce Cases: Supreme Court
The Supreme Court has made a significant decision in cheque bounce cases, holding the signatory responsible regardless of whether the cheque contains information or not.
The Supreme Court has made a significant decision in cheque bounce cases, holding the signatory responsible regardless of whether the cheque contains information or not.
In recent days, the Supreme Court ruled on a crucial aspect in cheque bounce cases. According to this ruling, the person signing the cheque will be held responsible, irrespective of whether information is filled in the cheque or not. The bench of the Supreme Court, comprising Justices D.Y. Chandrachud and A.S. Bopanna, approved an appeal and delivered this verdict.
The Court acknowledged that based on the report of handwriting experts, the decision was taken that the responsibility of the cheque lies with the person who signed it, regardless of whether information was filled in it or not.
In this case, the accused claimed to have issued a blank cheque after signing it. The Delhi High Court had allowed the assistance of a handwriting expert to determine whether the signatures on the cheque matched the one filling in the information.
The Supreme Court further stated that the person who signs the cheque and gives it to someone will be deemed responsible until it is proven that the cheque was issued for the payment of a debt. This makes it evident that whether information is filled in or not in the signatory’s signature on the cheque, it makes no difference.
