As
you aware, Most of the people are lending loan without following rules and
regulation which is prescribed under the law. And Creditors are getting blank security
cheque and promissory note without mentioning a single word deliberately. In such being, cheque or promissory note are
getting fraud, fabrication, material alteration by inserting wrong entry
against original fact when a debtor fail
to make payment as per the commitment.
As such, the Hon’ble Supreme Court has made it clear that no person can
obtain judgment against the debtor towards the dishonour of cheque unless
established the proof of income which means that the complainant need to
provide the origin of income and submit income tax return for the verification of
proof of income. Otherwise, the
complainant can’t recover the loan legally even though obtain cheque or
promissory note.
No comments:
Post a Comment