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CHEQUE BOUNCING
Who is Aman Sanger? Indian-origin Cursor co-founder who started coding at 14, now eyed by Elon Musk’s SpaceX in $60 billion dealAman Sanger, co-founder of AI coding platform Cursor, is at the centre stage of a potential $60 billion acquisition or $10 billion partners...
Rajpal Yadav's cheque bounce case sees a new twist: 'Dhol' actor says 'ye 5 crore ka masla hota to 2012 me nipat jata'Rajpal Yadav, who recently went to jail in a cheque bounce case, said he was sent to jail not because he couldn't pay the money but because...
Employee cleared of bribery charges but still denied back wages; HC ruling explainedA Mumbai employee acquitted of bribery charges was denied full back wages for his suspension period. The Bombay High Court ruled that acqui...
Salman Khan supports Rajpal Yadav over Saurabh Dwivedi's comment, says 'Dollar upar ho ya neeche...'Bollywood superstar Salman Khan has publically defended actor Rajpal Yadav following an incident where a host at an awards ceremony mocked ...
'Dollar upar ho ya neeche kya farak padta hai...: Salman Khan backs actor Rajpal Yadav after 'mockery' at event over his legal caseActor Rajpal Yadav faced public embarrassment over his debt case at an event. He responded with composure. Bollywood star Salman Khan has n...
Rajpal Yadav cheque bounce case: Why was the Hera Pheri actor sent to Tihar Jail?Actor Rajpal Yadav surrendered to Tihar Jail authorities on Thursday afternoon after the Delhi High Court denied his plea for an extended d...
Delhi HC quashes actor Rajpal Yadav's plea to extend deadline to surrender in cheque bounce casesThe Delhi High Court has rejected actor Rajpal Yadav's plea for more time to surrender in cheque bounce cases. Yadav was ordered to surrend...
File status reports on steps taken to increase disposal of cheque bounce cases: SC to states, UTsThe Supreme Court has instructed all states and union territories to submit reports. These reports should detail the progress in resolving ...
Cheque-mate: 43 lakh cheque bounce cases pending in Indian courtsOver 43 lakh cheque bounce cases are pending in Indian courts. Rajasthan has the highest number, followed by Maharashtra, Gujarat, Delhi, U...
Cheque-bounce case: Congress rejects BJP’s demands for Bangarappa Jr’s resignationThe minister, who hails from Shivamogga district, has not misused taxpayers’ money, committed any irregularity or a scam or has caused fina...
Relief for Anil Ambani in cheque bounce caseThe HC stayed the trial under Section 138 Negotiable Instruments Act, in connection with a writ petition filed by two of the co-accused Par...
PHDCCI pitches for compulsory suspension of bank drawls in cheque bouncing casesThe chamber also suggested that the bank should make payment of bounced cheque first before making any other payment from the account of th...
SC orders constitution of special court for cheque bounce casesThe top court incorporated the suggestion of the amicus curiae that five districts in each of the above States, where cases under the NI Ac...
Time to dishonour Section 138? Why there is little reason to continue with India's cheque bounce lawThe major lacuna in the law is that there's a presumption of mens rea without need for any additional proof. The mere fact that a cheque is...
Lok Sabha passes bill to deal with cheque bounce casesA bill providing for filing of cheque bounce cases at the place where a cheque is presented for clearance and not the place of issue, was a...
Union Cabinet clears ordinance in cheque bounce casesThis will enable filing of cheque bounce cases in the place where the cheque was presented for clearance or payment and not the place of is...
Cabinet approves changes in Negotiable Instruments ActTo check piling up of cheque bounce cases in various courts, the Cabinet today approved changes in Negotiable Instruments Act to provide fo...
What if a cheque bounces? Here's a guide to the legal recourse available to youA cheque can be dishonoured for various reasons, the most common being insufficient funds in the account of the person drawing the cheque.
Will cheque-bounce law lose its sting?Lawmin wants cheque-bouncing cases to be settled via arbitration; banks oppose.
- SC gets tough on cheque bounce cases
Delay in settling cheque bounce cases will now cost the defaulter dear, up to 20% of the cheque amount.