In the said case, the hon’ble Supreme Court issued the following directions for expeditious culmination of trials under s. 138 of the NI Act, 1881. (1)Immediate cognizance-… Read more “Guidelines of the hon’ble SC in Indian Bank Association and ors v. UoI and Ors. (2014)”
Tag: section 138 NI Act
Vicarious Liability of Company Directors under Negotiable Instruments Act, 1881.
Section 141 of the NI Act provides for vicarious liability on every person who, at the time the offence was committed, was in charge of, and was… Read more “Vicarious Liability of Company Directors under Negotiable Instruments Act, 1881. “
Sampelly Satyanarayan Rao vs Indian Renewable Energy (2016)
In the instant case the Court considered whether s. 138 of the Negotiable Instruments Act, 1881 would be attracted when post dated cheques were issued as a… Read more “Sampelly Satyanarayan Rao vs Indian Renewable Energy (2016)”
M/s Meters and Instruments v. Kanchan Mehta (2017)
Date: 5 October 2017 Composition of the bench: Single judge bench of hon’ble Justice Adarsh Kumar Goel. Facts in brief: 15 July 2016: One Kanchan Mehta filed… Read more “M/s Meters and Instruments v. Kanchan Mehta (2017) “