Search Results for Tag : Negotiable Instrument Act

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Rajasthan High Court: NI and Commercial Court Proceedings Equal, Grants Accused Original Records(21.07.2026)

Rajasthan HC ruled that Negotiable Instruments Act and Commercial Court proceedings carry equal legal status. It held that an accused cannot be refuse.....

Tags : Commercial Court; Negotiable Instrument Act; Original Records

J&K&L High Court: Mere Admission of Issuing Cheque is Not a Plea of Guilt under S.138 NI Act(22.07.2026)

Jammu and Kashmir and Ladakh High Court held that admitting cheque issuance or offering settlement under Section 251 CrPC does not amount to a guilty .....

Tags : Cheque; Negotiable Instrument Act; Admission

Delhi HC: Notice of Complaint Should Issue Separately to Company & its Members to Initiate Proceeding(13.05.2022)

Delhi High Court has ruled that if the company is the drawer of the cheque, a notice of complaint should issue separately to the company and its membe.....

Tags : Delhi High Court, section 138, Negotiable Instrument Act, 1881

SC: Legal Heirs of Deceased Convicted under Section 138 of NI Act Can Challenge Conviction(24.09.2019)

Supreme Court has held that legal heirs of a deceased convicted under Section 138 of Negotiable Instrument Act (NI Act) have right to challenge the co.....

Tags : Supreme Court, Negotiable Instrument Act