Supreme Court: Vacancies From Resignations under CUSAT Act Must Follow Communal Rotation  ||  Supreme Court: Forest Land Cannot Be Leased or Used For Agriculture Without Centre’s Approval  ||  Supreme Court: Gravity of Offence and Accused’s Role Must Guide Suspension of Sentence under CrPC  ||  Supreme Court: Arbitral Awards Cannot be Set Aside For Mere Legal Errors or Misreading of Evidence  ||  SC Acknowledges Child Trafficking as a Grave Reality and Issues Guidelines to Assess Victim Evidence  ||  Allahabad HC: When Parties Extend an Agreement by Conduct, The Arbitration Clause Extends Too  ||  Supreme Court: Issues of Party Capacity and Maintainability Must Be Decided by Arbitral Tribunal  ||  Supreme Court: Omissions in Chief Examination Can Be Rectified During Cross-Examination  ||  Supreme Court: Items Given by Accused to Police Are Not Section 27 Recoveries under Evidence Act  ||  Gujarat High Court: Waqf Institutions Must Pay Court Fees When Filing Disputes in State Tribunal    

SC: Cheque Dishonour Proceedings to be Quashed Once Settlement Deed is Signed by the Complainant - (09 Jan 2024)

BANKING

Supreme Court has held that once settlement has been arrived at and the complainant has signed the deed accepting a particular amount in full and final settlement of default amount and the fine amount awarded by the Trial Court, the proceedings under Section 138 of the NI Act need to be quashed.

Tags : SUPREME COURT   CHEQUE DISHONOUR   SETTLEMENT DEED  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved