SC expresses concern over mounting pendency of cases u/s 138 of NI Act & directs establishment of Special Courts in selected cities

In re Expeditious Trial of Cases Under Section 138 of N.I. Act 1881 (Supreme Court) The Government legislated the Negotiable Instrument Act in 1991 making cheque bounce a criminal offence. But the delay in disposal of cases frustrated the very spirit of the NI Act. With a view to make the said Act more effective, the Government brought in the Amendment Act, 2018 for reducing the undue delay in the cases of dishonor of cheques and to provide payment of interim compensation to the complainants. Since, NI Act did not provide an effective & speedy Redressal, the people were not afraid of chequ...