Negotiable Instruments Act, 1881–Sec. 138–Cheque of Rs. 10,000/- dishonoured due to account closed–Petitioner handed over the demand draft of Rs. 10,000/- before the Trial Court for quashing the proceedings but the respondent refused to accept the same–Held, Trial Court is directed to decide the application in light of the decided case of M/s. Meters & Instruments (P) Ltd.
