"Invalid Instrument" Cause of dishonor
07-Aug-2023 (In Cheque Bounce Law)
I have bounced a State Bank of Mysore cheque worth Rs. 10 lakhs of accused.
In Bank Memo, the reason came out as "Invalid Instrument".
Since, accused's bank was State Bank of Mysore which is now merged with SBI the reason appears so.
Whether Cheque Bounce case can be made against accused?
If the answer to above question is positive, can you please give me case law which supports this.
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