Stories with the ‘ tag ‘ you searched for "Cheque Bounce Cases"

Breaking; Negotiable Instrument (Amendment) Second Ordinance 2015 promulgated with retrospective effect [Read Ordinance]
Security Cheques per se would not get out of the ambit of Section 138 of the NI Act; Delhi HC
Breaking; Union Cabinet approves the promulgation of Negotiable Instrument (Amendment) Ordinance 2015
“Cheque reported lost”: Offence under Section 138 NI Act not attracted, holds the Kerala High Court
Lok Sabha passes Negotiable Instruments (amendment) Bill, 2015
Where the cheque is drawn by the MD of a Company on his personal capacity, Company is not liable even if it is for discharging the dues of Company; SC
Breaking ; #Dishonour of cheque issued by a company: Notice to individual directors of the company not contemplated under Section 138 of the NI Act : SC [Read the Judgment]
Dishonor of Cheque: Printed date (year) in the Cheque cannot be a conclusive fact to determine the date of transaction; SC
Breaking; Supreme Court stays Bombay High Court Jt which held that dis-honour of “AT PAR” Cheque cases can be filed to the Court within whose local jurisdiction the nearest available branch of bank of the drawer situated
Breaking; Dis-honour of Cheque cases can be filed only to the Court within whose local jurisdiction, the offence was Committed; ie, where the cheque is dishonoured by the bank on which it is drawn. Bhaskaran Vs Balan (1999) which allowed Five territorial Jurisdictions overruled [Read the Judgment]
Lok Adalats by Banks to settle Cheque Bounce Cases