Prosecution under Section 138 NI Act not hit by bar created by Section 69(2) of Partnership Act: Bombay HC

Prosecution under Section 138 NI Act not hit by bar created by Section 69(2) of Partnership Act: Bombay HC

The Bombay High Court has held that prosecution for cheque bouncing cases under Section 138 of the Negotiable Instruments Act (NI Act) will not be hit by the bar created under Section 69(2) of the Indian Partnership Act.

Section 69(2) places a bar on unregistered firms from filing suits to enforce rights arising out of contracts.

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