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Negotiable Instruments Act

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नेगोशिएबल इंस्ट्रूमेंट्स एक्ट 1881 की धारा 138 की समीक्षा

Corporate Law : भारत में विवादित चेक को नियंत्रित करने वाले एनआई ...

July 2, 2024 447 Views 0 comment Print

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

Corporate Law : Explore directors' liability under the Negotiable Instruments Act during the moratorium period under the Insolvency and Bankruptcy...

June 2, 2023 3075 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 7023 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 24093 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 53478 Views 0 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 4509 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 16899 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 2283 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 1460 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 2282 Views 0 comment Print


Latest Judiciary


IBC Proceedings Don’t Bar liability for bounced Cheque: Madhya Pradesh HC

Corporate Law : Madhya Pradesh HC ruled IBC proceedings do not exempt signatories from liability under NI Act. Court upheld Rs. 13.73 lakh deposit...

June 15, 2024 192 Views 0 comment Print

IBC Section 14 Moratorium Applies Only to Corporate Debtor, Not to Directors Liability

Corporate Law : Regarding Section 14 of the IBC, court clarified that moratorium only applies to corporate debtor, not to natural persons like dir...

May 25, 2024 495 Views 0 comment Print

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 1158 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 48276 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 1659 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 3684 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 3141 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 24441 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 3394 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 6522 Views 1 comment Print


Only first notice on bounced cheque is valid

January 19, 2010 652 Views 0 comment Print

The Supreme Court has ruled in the case of Tameshwar Vaishanav vs Ramvishal Gupta that if the payee or the holder of the cheque does not file a complaint of dishonour within the prescribed time, he cannot issue a second notice and then file a complaint again. Notice with respect to a cheque can be issued only once. The deadline or limitation starts from the date of the first notice.

Unlicenced moneylenders can’t recover their money by using legal ways

December 2, 2009 6560 Views 0 comment Print

Lack of a licence will debar a moneylender from using legal ways to secure repayment, said Justice P R Borkar of the Aurangabad bench of the high court last week. The Negotiable Instruments Acta law that bounced cheque victims use to recover their money makes it clear that the debt had to be legally enforceable.

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