Cheque Bouncing Laws
Sree Mahesh Stationaries Vs Indiabulls Financial Services Limited
The issue involved in this case was a cheque drawn on Syndicate Bank Bangalore and presented for encashment to ING Vyasa Bank, Gurgaon had been dishonoured resulting in issuance of statutory notices to Petitioners and eventual filing of a compliant before Judicial Magistrate, First class at Gurgaon under Section 138 on which Magistrate had taken cognizance and summoned the petitioners for appearance to face trial
Supreme Court Upheld that Court in Gurgaon has not jurisdiction when the cheque in question was issued and dishonoured at Bangalore and offence, if any was committed only in Bangalore