‘Cheque Bounce’ Complaint Based On Second Notice After Re-Presentation Of Cheque Maintainable: Supreme Court
Supreme Court upholds second statutory notice validity in cheque bounce cases under Section 138. Learn how MSR Leathers and Sicagen rulings impact debt recov…
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Karnataka High Court limits cheque bounce case jail term for unpaid fines to six months
The Karnataka High Court rules a cheque bounce case jail term for unpaid fines cannot exceed 6 months, ordering the release of Dinesh Kripalani in a ₹11cr case.
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High Court clarifies Section 138 settlement enforcement limits for trial Magistrates
Justice Sanjay Dhar of the J&K&L High Court rules trial Magistrates cannot enforce settlements or issue coercive orders once a Section 138 compromise is reco…
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Gravity Of Complaint Under Negotiable Instruments Act Cannot Be Equated With An Offence Under IPC Or Other Criminal Offence: Supreme Court
Supreme Court clarifies Negotiable Instruments Act gravity differs from IPC offenses. Explore recent rulings on quasi-criminal status and partnership liability.
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Supreme Court eliminates pre-cognizance summons for NI Act trials
Supreme Court eliminates pre-cognizance summons for NI Act trials, streamlining Section 138 proceedings with digital payment links for settlement.
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Punjab & Haryana High Court quashes cheque bounce case against non-signatory of joint bank account holder
Justice Harpreet Singh Brar quashes a Section 138 NI Act complaint, ruling that non-signatory joint account holders cannot be prosecuted for cheque dishonour.
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Supreme Court of India sets payee’s bank branch as cheque bounce jurisdiction
Supreme Court India rules cheque bounce complaints must be filed at payee’s bank branch, clarifying Section 142(2)(a) of the NI Act for jurisdiction.
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Premature Complaint Can’t Be Ground For Drawer To Escape Prosecution For Cheque Dishonour Under NI Act: Karnataka High Court
High Court of Karnataka sets aside Arumugam’s conviction in Criminal Revision Petition No. 1021 of 2017 due to a premature cheque bounce complaint filing.
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Supreme Court confirms signed blank cheques imply debt under Negotiable Instruments Act
Supreme Court rules a blank cheque voluntarily signed attracts the presumption of debt under S.139 NI Act. Drawer carries the burden to prove no liability.
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Presumption U/S 139 of NI Act Unsustainable If Debt Transaction Not Disclosed In Income Tax Return: Telengana High Court
Telengana High Court helds Presumption U/S 139 of NI Act Unsustainable If Debt Transaction Not Disclosed In Income Tax Return
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