Dishonour of Cheques Judgements CD on Negotiable Instruments Act, Section 138 - Cheque Bouncing, Cheque Dishonour - Decisions of Supreme Court of India and All High Courts - Fully Updated Click here for details
17.Ambiguous
instruments.- Where an instrument may be construed either as a promissory
note or bill of exchange, the holder may at his election treat it as either
and the instrument shall be thenceforward treated accordingly.