Legally enforceability – Maintainability of complaint u/s 138 of NI Act -- Applicant/ complainant in her statement has deposed that she is not aware of the fact that chit fund business has been banned in Haryana and admits that she has been running the chit fund business without any license – Held, the liability or debt will not come under the ambit of Section 138 of the Act – Acquittal order of Trial Court and dismissal of appeal on the ground of maintainability, upheld.

(P&H HC) Decided on: 04.09.2015