The Bombay High Court recently held that a borrower who received loan in cash is liable for dishonour of cheques issued towards repayment even if the loan amount was beyond the permissible limit for.
Merely receiver’s bank account mentioned in a bill being in a particular city does not amount to the bill being payable in that city, the Bombay High Court recently held.Justice Arif S Doctor decreed.
Advocates Abhijeet A Desai, Surbhi Agrawal and Vishal Dharade, representing the petitioner, submitted that being a mass media student, their client was on a project to collect photographs and information on Ganpati Visarjan and he had no intention of committing the offence in question.