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Negotiable Instruments Act

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Examining Directors’ Liability under the Negotiable Instruments Act during the Moratorium Period under the Insolvency and Bankruptcy Code (IBC)

Corporate Law : Generate SEO meta description (160 Characters) Explore directors' liability under the Negotiable Instruments Act during the morato...

June 2, 2023 2868 Views 0 comment Print

Mounting Backlog of Cheque Bounce Cases: A Growing Concern

Corporate Law : Explore the mounting backlog of cheque bounce cases in India, the legal procedures involved, the jurisdiction of cases, and how to...

April 15, 2023 6789 Views 0 comment Print

Section 143-A of Negotiable Instrument Act, 1881

Corporate Law : As per section 143-A of Negotiable Instrument Act, the court trying an offense under section 138 may order the drawer of the chequ...

January 20, 2023 23238 Views 0 comment Print

Onus to Prove in Cheque Bounce Cases (Section 138 NI Act); A Comprehensive Analysis

Company Law : Explore the onus to prove in cheque bounce cases (Section 138 NI Act) through a comprehensive analysis of relevant provisions and ...

December 17, 2022 51594 Views 0 comment Print

Liability of Director Under Negotiable Instruments Act, 1881

Corporate Law : The Negotiable Instruments Act, 1881 (hereinafter referred as NI Act) is the safety net for those creditors (deemed or actual) who...

May 13, 2022 14349 Views 1 comment Print


Latest News


Proposed Decriminalization of Section 138 of Negotiable Instruments Act 1881 Unwarranted & against Public Interest

Corporate Law : The Modi government in a bit to improve ease of doing business and unclogging courts has decided that 39 sections in 19 differen...

June 12, 2020 4476 Views 1 comment Print

Negotiable Instrument (Amendment) Bill, 2018 passed by Lok Sabha

Corporate Law : Lok Sabha passes Negotiable Instrument (Amendment) Bill, 2018 a bill further to amend the Negotiable Instruments Act, 1881 by whic...

July 25, 2018 16863 Views 14 comments Print

Negotiable Instruments (Amendment) Bill, 2017 as introduced in Lok Sabha

Corporate Law : It is, therefore, proposed to introduce the Negotiable Instruments (Amendment) Bill, 2017 to provide, inter alia, for the followin...

January 6, 2018 2247 Views 0 comment Print

Carifying jurisdiction related issues for filing cases for offence committed U/s. 138 of NI Act

Corporate Law : Proposal to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015 The Union Cabinet, chaired by the Prime Minister Shr...

June 10, 2015 1424 Views 0 comment Print

Approval to introduce Negotiable Instruments (Amendment) Bill, 2015

Corporate Law : The main amendment included in this is the stipulation that the offence of rejection/return of cheque u/s 138 of NI Act will be en...

April 22, 2015 2237 Views 0 comment Print


Latest Judiciary


Liability of Resigned Directors in Negotiable Instruments: Supreme Court Verdict

Corporate Law : Explore the Supreme Court judgment on whether directors who resigned can be held liable for dishonored negotiable instruments. Und...

February 16, 2024 933 Views 0 comment Print

Offence U/s. 138 of NI Act can not be initiated against wife for cheque issued by Husband: HC

Corporate Law : Karnataka High Court revolved around Section 138 of Negotiable Instruments Act 1881 in case of Shashikala Jayaram vs. Appayappa - ...

January 30, 2024 47973 Views 0 comment Print

Liability for dishonour of cheque also on borrower/ taker receiving cash loan beyond specified limit u/s 269SS

Corporate Law : No person should accept any loan or deposit of a sum of Rs.20,000/- or more otherwise than by an account payee cheque or account p...

January 1, 2024 1257 Views 0 comment Print

Delhi HC Upholds Simultaneous Arbitration & Section 138 NI Act Proceedings

Corporate Law : Read about the Delhi High Court's decision upholding simultaneous arbitration and Section 138 NI Act proceedings, emphasizing thei...

December 11, 2023 624 Views 0 comment Print

Madras HC Quashes Cheque Dishonour Case as Illegal Claim Can’t Be Construed as Legal

Income Tax : Madras High Court quashes a cheque dishonour case, ruling an illegal claim cannot be construed as legal. Detailed analysis of Davi...

October 18, 2023 573 Views 0 comment Print


Latest Notifications


Telangana HC Issues Practice Directions on Cheque Bouncing Cases

Corporate Law : Pursuant to directions of Hon'ble Supreme Court of India, following Practice Directions are issued to all Courts dealing with case...

June 21, 2021 3591 Views 0 comment Print

Every Saturday declared as a public holiday for LIC of India

Finance : Central Government hereby declares every Saturday as a public holiday for Life Insurance Corporation of India, with immediate effe...

April 15, 2021 3054 Views 0 comment Print

Negotiable Instruments (Amendment) Act, 2018

Corporate Law : This Act may be called the Negotiable Instruments (Amendment) Act, 2018. (2) It shall come into force on such date as the Central ...

August 2, 2018 24267 Views 7 comments Print

The Negotiable Instruments (Amendment) Act, 2015

Corporate Law : MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 29th December, 2015 The following Act of Parliament received t...

December 29, 2015 3328 Views 2 comments Print

President assents Negotiable Instruments (Amendment) Ordinance, 2015

Corporate Law : NOW THEREFORE, in exercise of the powers conferred by clause (1) of article 123 of the Constitution, the President is pleased to p...

June 15, 2015 6492 Views 1 comment Print


Latest Posts in Negotiable Instruments Act

Liability of Resigned Directors in Negotiable Instruments: Supreme Court Verdict

February 16, 2024 933 Views 0 comment Print

Explore the Supreme Court judgment on whether directors who resigned can be held liable for dishonored negotiable instruments. Understand the legal implications and ramifications.

Offence U/s. 138 of NI Act can not be initiated against wife for cheque issued by Husband: HC

January 30, 2024 47973 Views 0 comment Print

Karnataka High Court revolved around Section 138 of Negotiable Instruments Act 1881 in case of Shashikala Jayaram vs. Appayappa – can cheque issued by spouse be prosecutable?

Liability for dishonour of cheque also on borrower/ taker receiving cash loan beyond specified limit u/s 269SS

January 1, 2024 1257 Views 0 comment Print

No person should accept any loan or deposit of a sum of Rs.20,000/- or more otherwise than by an account payee cheque or account payee bank draft. Where a person advance cash more than Rs.20,000/- to another person, restriction on cash advances was, in fact, on the taker and not on the person who made an advance.

Delhi HC Upholds Simultaneous Arbitration & Section 138 NI Act Proceedings

December 11, 2023 624 Views 0 comment Print

Read about the Delhi High Court’s decision upholding simultaneous arbitration and Section 138 NI Act proceedings, emphasizing their separate causes of action.

Madras HC Quashes Cheque Dishonour Case as Illegal Claim Can’t Be Construed as Legal

October 18, 2023 573 Views 0 comment Print

Madras High Court quashes a cheque dishonour case, ruling an illegal claim cannot be construed as legal. Detailed analysis of Davidraj Vs V. Pavel’s case

Juristic Person Trust Liable for punishment for offence U/s. 138 of NI Act

October 12, 2023 1182 Views 0 comment Print

Kerala High Court held that a trust, either private or public/charitable or otherwise, is a juristic person who is liable for punishment for the offence punishable under Section 138 of the Negotiable Instruments Act (NI Act).

Criminal Appeal Dismissed for Lack of Proof in Section 138 NI Act Case

October 12, 2023 741 Views 0 comment Print

Andhra Pradesh High Court held that the complainant miserably failed to prove the offence under Section 138 of the Negotiable Instrument Act, 1881 against the respondent/accused beyond reasonable doubt. Accordingly, Criminal Appeal dismissed.

Order of acquittal set aside as recorded based on misreading of evidence

October 3, 2023 291 Views 0 comment Print

Calcutta High Court held that order of acquittal set aside as recorded on account of misreading of evidence. Evidence on record sufficient to hold respondent liable for committing offence u/s. 138 of N.I. Act.

Examining Directors’ Liability under the Negotiable Instruments Act during the Moratorium Period under the Insolvency and Bankruptcy Code (IBC)

June 2, 2023 2868 Views 0 comment Print

Generate SEO meta description (160 Characters) Explore directors’ liability under the Negotiable Instruments Act during the moratorium period under the Insolvency and Bankruptcy Code (IBC). Learn about legal precedents, the nature of offenses, and the accountability of directors. Stay informed on the intersection of the NI Act and IBC.

Section 138 of NI Act not applicable if Cheque issued before account attachment dishonored post attachment

April 26, 2023 1620 Views 0 comment Print

Maharaja Log Home OPC Pvt Ltd and Anr Vs State of Maharashtra and Ors (Bombay High Court) 1. The petition is directed against the order dated 7th September, 2021 passed by Judicial Magistrate First Class, Vashi, Belapur Navi Mumbai in Complaint Case No.1366/SS/2021 under Section 138 of the Negotiable Instruments Act, 1881 issuing process against […]

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