Section 138 NI Act Liability Applies to Security Cheques After Debt Crystallizes, Rules Delhi High Court
The Delhi High Court has ruled that security cheques and post-dated cheques can attract Section 138 NI Act liability once a financial debt crystallizes.
Read More
Kerala High Court Bars Late Objections to Power of Attorney Competence in Cheque Bounce Cases
The Kerala High Court ruled that objections to a Power of Attorney holder’s competence in Section 138 NI Act cases cannot be raised for the first time at the…
Read More
Arms Licence Renewal Can’t Be Denied On Vague Fears Of Maoists Snatching Weapon: Telangana High Court
The Telangana High Court ruled that arms licence renewals cannot be denied based on vague fears of weapons being snatched by Maoists or insurgent groups.
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