In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
Bank Cheque Bounce: In today's era, there has been a huge change in the methods of transaction. Most payments are now online, and cash transactions have reduced considerably. Despite being in a ...
The SC reversed a decision of the Delhi High Court, and held that under Section 138, the cause of action is linked to the ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
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In India, a bounced cheque can have an immensely negative impact on your overall integrity. It can also have serious legal and financial consequences. Now, given a single instance of a cheque bounce ...
While alteration of the cheque amount is a material alteration under law, the court ruled that consent and responsibility for alteration are factual questions. The complaint was not quashed at the pre ...
Excludes bank intimation date in 30-day limit, restores Rs 12 lakh repayment order In a significant ruling, the Karnataka High Court has clarified that while computing the 30-day limitation period for ...
In a new circular, Uttarakhand High Court Registrar General Yogesh Kumar Gupta announced that summons for cheque bounce cases will no longer be limited to traditional delivery methods, allowing for ...