Section 138: When transaction already is within N.I Act then the transaction does not come within section 4 of the Tamilnadu prohibition of charging exorbitant interest Act, 2003
Section 138 NI Act: Cheque itself is a promise to pay even if the debt is barred by time
N.I ACT: Initiation of criminal proceeding under sections 138 &141 N.I Act is covered under moratorium provision [U/S 14 IBC]
Section 138 NI Act: Unless the firm is added as primary accused the partner cannot be fasten vicarious criminal liability for firm
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