Search Results for Tag : Cheque dishonour

Judgments

Director of Company can be liable for dishonour of cheque, if he was in charge of day-to-day affairs of the company or a signatory to the cheque(15.03.2024)

The present appeals challenge the common judgment and order passed by the High Court, whereby the High Court rejected the prayer for quashing of compl.....

Tags : Cheque dishonour, Liability, Director

News

SC: Interim Compensation in Cheque Dishonour Case can be Given Only After Accused Pleads Not Guilty(18.07.2023)

Supreme Court has held that interim compensation in cheque dishonour case can be granted only after the accused has pleaded not guilty as per section .....

Tags : Supreme Court, Interim Compensation, Cheque Dishonour

Bom. HC: Magistrate Needn’t Provide Additional Reasons for Amount of Interim Compensation Awarded(29.09.2023)

Bombay High Court has held that as long as requirements provided in Section 143A of the Negotiable Instruments Act, 1881 are met, Magistrate is not ob.....

Tags : Bombay High Court, Interim Compensation, Cheque Dishonour

RBI Relaxes Norms in Cheque Dishonour Cases(05.08.2016)

Reserve Bank of India (RBI) has relaxed norms in cheque dishonour cases of Rs 1 crore and above.

Tags : Reserve Bank of India , Cheque Dishonour Cases

SC: Cheque Dishonour Proceedings to be Quashed Once Settlement Deed is Signed by the Complainant(09.01.2024)

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 fina.....

Tags : Supreme Court, Cheque Dishonour, Settlement Deed

SC Issues Directions to Expedite Trial of Cheque Dishonour Cases(16.04.2021)

Supreme Court has issued a set of directions to expedite the trial of cheque dishonour cases under Section 138 of the Negotiable Instruments Act, 1881.....

Tags : Supreme Court, Expedite Trial of Cheque Dishonour Cases

SC Seeks Views on Creation of Additional Courts for Trial of Cheque Dishonour Cases(25.02.2021)

Supreme Court has sought the views of the Central Government on the creation of additional Courts for the trial of cheque dishonour cases under Sectio.....

Tags : Supreme Court, Trial of Cheque Dishonour Cases

Del HC: Making Chairpersons Liable for Cheque Dishonour Would Unfairly Expand Vicarious Liability(18.04.2023)

Delhi High Court has quashing cheque dishonor proceedings under Section 138 of Negotiable Instruments Act, observed that holding chairpersons liable f.....

Tags : Delhi High Court, Cheque Dishonour, Vicarious Liability

Supreme Court: Cannot Transfer Cheque Dishonour Complaint on Instance of Accused(25.06.2024)

Supreme Court while dismissing a transfer application sought at the behest of accused, has observed that an accused cannot seek transfer of a case for.....

Tags : Supreme Court, Cheque Dishonour, S. 138 of NI Act

Delhi HC Rejects Plea Filed 898 Days After Lower Court’s Decree In Cheque Dishonour Case(21.07.2017)

Delhi High Court has dismissed a plea filed by a woman against a lower court’s’ decree in a suit for dishonour of cheque of Rs. 3.96 lakh passed almos.....

Tags : Delhi High Court, Cheque Dishonour Case