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Case Name : Jai Balaji Industries Ltd. And Ors. Vs HEG Ltd. (Supreme Court of India)
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Jai Balaji Industries Ltd. And Ors. Vs HEG Ltd. (Supreme Court of India)

SC Clarifies NI Act Jurisdiction: Only Payee’s Home-Branch Court Can Try 138 Cases After 2015 Amendment; Forum Shopping Ends: Supreme Court Fixes Clear Jurisdiction Rule for Cheque Dishonour Prosecutions; Delivery vs Presentment: SC Settles Confusion on Territorial Jurisdiction under Section 142(2)

The Supreme Court examined whether the complaint for dishonour of cheque should be tried at Kolkata or Bhopal after the 2015 amendment to the NI

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

My Published Posts

Recorded Sales Cannot Be Taxed Again U/s 68; Additions Based Only on Third-Party Statement Deleted On-Money Addition for Flat Purchase Deleted; Builder’s General Statement Alone Not Enough Bogus Purchase Cases: Only Profit Element Taxable; 4% GP Addition Upheld Assessment on Amalgamated Company Held Void for Lack of Jurisdiction Penalty for Non-Compliance Deleted as Venial Breach Where Assessments Accepted Returned Income View More Published Posts

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