SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law  ||  SC: Gratuity May be Withheld While Criminal or Disciplinary Proceedings are Pending Against Employee  ||  SC: Weapon Recovery Useless Without Proof Linking it to Crime under Section 27 Evidence Act  ||  SC: Fines Also Run Concurrently When Sentences For Multiple Offences Run Concurrently  ||  SC Dissolves 10-Year Estranged Marriage, Quashes 80+ Cases in 'Matrimonial Mahabharata' Dispute  ||  SC: Board Resolution Signature Alone Doesn’t Prove Director’s Knowledge of Company Affairs  ||  Raj HC: Industrial Tribunal Allowing Workman Legal Representation But Denying Employer is Unequal  ||  Karnataka HC: Service Bonds Enforceable on Students With Subsidised Education, Not Bonded Labour  ||  Gauhati HC: Challenge to Marks Barred by Constructive Res Judicata When Party Accepts Limited Remand  ||  SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met    

SC: Filing Complaint u/s 138 of NI Act through Power of Attorney is Legal & Competent - (03 Jan 2025)

BANKING

SC has held that filing of complaint petition under S. 138 of NI Act through power of attorney (POA) is perfectly legal and competent. However, the POA holder must have witnessed the transaction as an agent of the payee/holder in due course or possess due knowledge regarding the said transactions.

Tags : SUPREME COURT   POWER OF ATTORNEY   COMPLAINT PETITION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved