A well appreciated and welcome decision from the Apex Court in which court held that the object of Chapter XVII, which is intituled as "OF PENALTIES IN CASE OF DISHONOUR OF CERTAIN CHEQUES FOR INSUFFICIENCY OF FUNDS IN THE ACCOUNTS" and contains Sections 138 to 142, is to promote the efficacy of banking operations and to ensure credibility
source https://www.caclubindia.com/articles/whether-mere-endorsement-of-bank-payment-stopped-sufficient-to-entertain-complaint-us-138-of-ni-act-47028.asp
source https://www.caclubindia.com/articles/whether-mere-endorsement-of-bank-payment-stopped-sufficient-to-entertain-complaint-us-138-of-ni-act-47028.asp
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