Negotiable Instruments Act 1881

19th Jan, 2015

Cheque dishonour proceedings upon reaching the stage of Section 145(2) of NI Act or beyond to continue in Court conducting trial

It is only when the stage of proceedings in cases filed under Section 138 of the Act has reached the stage of Section 145(2) of the Act or beyond thereof, such case shall continue to […]
11th Dec, 2014

Inchoate instruments are also valid and legally enforceable

Once the execution of Cheque is admitted, it shall be taken that the cheque was issued by the accused in favour of the complainant towards the discharge of the liability. 
24th Nov, 2014

In cheque dishonor cases there exists a rebuttable presumption of a legally enforceable debt to be proved by Accused

Presumption mandated by Section 139 of the Act includes a presumption that there exists a legally enforceable debt or liability and that is a rebuttable presumption.
3rd Nov, 2014

Complaint under Section 138 N I Act against a Director may be quashed, if the High Court finds no specific allegations against the Directors.

Where on an overall reading of the complaint under Section 138 N I Act, the High Court may quash the Complaint against the Director in the absence of more particularls about role of the Director […]
10th Oct, 2014

Complaint for dishonour of cheque could be filed through the Power of Attorney #indianlaws

In the light of section 145 of NI Act, it is open to the Magistrate to rely upon the verification in the form of affidavit filed by the complainant in support of the complaint under […]
28th Sep, 2014

Pre-mature filing of complaint under Section 138 N I Act is liable to be dismissed #indianlaws

 Any complaint before the expiry of 15 days from the date on which the notice has been served on the drawer/accused is no complaint at all in the eye of law. It is not the […]
10th Sep, 2014

laws of pleading in complaint under Section 138 Negotiable Instruments Act #indianlaws

It is not necessary to aver in the complaint that in spite of the return of the notice unserved, it is deemed to have been served or that the addressee is deemed to have knowledge […]
30th Aug, 2014

Complaint against dishonor of cheque payable AT PAR can be filed where the cheque was dishonored #indianlaws

By the present judgment, the Bombay High Court drawn a distinction or rather clarified that cheques payable at par if gets dishonored, the complaint filed against commission of such offence punishable under Section 138 of […]
30th Aug, 2014

Cheque dishonoured due to Stop Payment instructions may or may not be covered under Section 138 of NI Act #indianlaws

If the accused shows that in his account there were sufficient funds to clear the amount of the cheque at the time of presentation of the cheque for encashment at the drawer bank and that […]
21st Aug, 2014

Issue of complaint under Section 138 N I Act being barred by time has to be raised before the Trial Court #indianlaws

High Court should consider the provisions of condonation of delay inserted as proviso to clause (b) of Section 142 of the NI Act before dismissing the complaint being barred by limitation
21st Aug, 2014

A hand written note intimating about dishonour of cheque satisfying all mandatory requirements is a valid legal notice #indianlaws

Hand written note about dishonour of cheque can be considered a notice under Section 138
11th Aug, 2014

law relating to jurisdiction of presenting complaint under Section 138 N I Act revised again. #indianlaws

Cheque dishonor complaint to be filed before the Court within whose territorial jurisdiction cheque drawn was dishonored