Only Payee’s Home Branch Can Try Section 138 Cases: SC Defines Jurisdiction under NI Act

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 Act. The cheque issued by the accused company at Kolkata was deposited by the ...