Decriminalizing Section 138 Ni Act : Boom or Bane for Socio-legal Soceity?
Intent behind introducing Section 138 NI Act was to prohibit dishonest drawer from misusing negotiable instruments and protect the interest of the debtor. Read More
Section 148 of the Negotiable Instrument Act has a retrospective effect?
Section 143A must be applied in prospective nature and held that if the accused prove innocent then the drawer has to return back the interim compensation. Read More
Frequently Asked Questions (FAQs) on Cheque Bounce/Dishonour in India
In the event of a Cheque bounce, action may be taken against the person whose cheque is being dishonoured under Section 138 Read More
Dishonour of Cheque of a Company – Will The Director be Liable even after his Resignation
How to Calculate Limitation Period. The Negotiable Instruments Act, 1881 The Negotiable Instruments Act, 1881 Read More
Do you have to wait for 15 days after sending notice to arraign sole proprietorship as an accused?
Negotiable Instruments Act was promulgated by the legislature to provide broad coverage to various instruments such as Cheque, Read More