Proceedings in bounced cheque cases under Negotiable Instruments Act will continue even if there is a scheme to revive the sick company

Proceedings in bounced cheque cases under Negotiable Instruments Act will continue even if there is a scheme to revive the sick company

JIK Industries Limited & Ors. Vs. Amarlal V. Jumani (Supreme Court)- It was held that  cases of bounced cheque are independent of the revival bid of a sick company.

Proceedings in bounced cheque cases under the Negotiable Instruments Act will continue even if there is a sc

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