Allahabad High Court Rules Non-Signatory Joint Account Holders Immune in Cheque Bounce Cases
The Allahabad High Court has ruled that a non-signatory joint account holder cannot be prosecuted for a cheque bounce under Section 138 of the NI Act.
Read More
Kerala High Court Clarifies Rules on Partial Payments and Cheque Dishonour Claims
The Kerala High Court has reportedly ruled that Section 138 of the NI Act may not apply if partial payments are not endorsed on a cheque before presentation.
Read More
Andhra Pradesh High Court Clarifies Rules on Explaining Delays in Commercial Filings
The Andhra Pradesh High Court reportedly clarified that delays in filing written statements under the Commercial Courts Act can be explained after the 120-da…
Read More
Supreme Court Confirms Directors Remain Liable for Cheque Bounce Despite IBC Resolution
The Supreme Court has ruled that company directors remain liable for cheque bounce cases even after an IBC resolution or liquidation, separating personal cri…
Read More
Supreme Court Issues New Guidelines for Summary Judgments in Commercial Suits
The Supreme Court of India has reportedly issued new guidelines for summary judgments in commercial suits, urging judges to resolve disputes and avoid unnece…
Read More