Time-Barred Debt? 🕒 नया Cheque बनेगा नई Liability⚖️

Описание: Did you know? Even if a loan is time-barred, issuing a fresh cheque revives the liability.

👉 In cheque bounce cases, courts have held that:

A case cannot be dismissed only because the debt was time-barred.

By giving a new cheque, the debtor acknowledges the old debt.

This creates a fresh enforceable liability under the Negotiable Instruments Act.

⚖️ A fresh cheque = fresh liability.

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