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
36. Liability
of prior parties to holder in due course. -Every prior party to a negotiable
instrument is liable thereon to a holder in due course until the instrument
is duly satisfied.