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CHEQUE DISHONOUR
Delhi Lok Adalat Token Date: Check direct link for token registration, courts where it will be held, eligible challans and moreThe Delhi State Legal Services Authority is organizing a National Lok Adalat on May 9, 2026, to resolve pending cases and minor traffic vio...- Loan default: Directors remain personally liable under NI Act even if company’s debt is settled through IBC proceedings, rules Bombay High CourtDirectors of an insolvent company remain liable for bounced cheques under the Negotiable Instruments Act, even if the company's debts are s...
- SC says person can avoid jail time in a cheque bounce case if...The Supreme Court has ruled that a person convicted in a cheque bounce case can avoid jail if they reach a compromise with the complainant....
- SBI fined Rs 85,000 for misreading Kannada numeral on chequeVadirajacharya Inamdar issued a SBI cheque for Rs 6,000 to Hubli Electricity Supply Company Limited (HESCOM) towards his electricity bill o...
- NI Act: Travesty of justice to drag directors not connected with issuance of cheque, says SCThe Supreme Court said it will be a "travesty of justice" to drag directors of a company, who may not be connected with the issuance of a c...
- Enact law for additional courts to deal with pendency of cheque bounce cases: SC suggests CentreA five-judge Constitution bench headed by Chief Justice S A Bobde said that Centre has the power under Article 247 of the Constitution coup...
- Traders move to Nirmala Sitharaman over 40 lakh pending cases on bounced chequesIn a letter addressed to Finance Minister Nirmala Sitharaman, the Confederation of all India Traders (CAIT), has suggested the formation of...
- Loss of cheque to be compensated by bank: NCDRC; directs BoB to pay Rs 3L to customerThe state commission on January 20, 2016 allowed Divanji's appeal directing the bank to pay him Rs 3,60,000 and had set aside the district ...
- In throes of debt, Vijay Mallya to face charge in cheque bounce caseThe private complaint was filed by KIA in 2012. It was alleged that the airlines owed it a debt of Rs 58,40,02,893.64.
- Bill for quick prosecution of cheque bounce cases tabled in Lok SabhaThe Negotiable Instruments (Amendment) Bill, 2017, also seeks do away with "unnecessary" litigation in cheque dishonour cases.
- Budget 2017: Cheque dishonour may attract stricter penalty, new watchdog for payment systemsCurrently, Section 138 of Negotiable Instruments Act, 1881 governs dishonour of cheques, stating the same as a criminal offence.
- RBI eases norms in cheque dishonour cases of Rs 1 crore and aboveRBI said it has reviewed these instructions and it will be now up to the discretion of banks how to respond in such cases.
- Government approves promulgation of Negotiable Instruments OrdinanceThe government today approved a proposal to promulgate the Negotiable Instruments (Amendment) Ordinance, 2015.
- 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...
- Court can hear cheque bounce case at place of receipt: SCThe Supreme Court today held that courts at places where a cheque is deposited for encashment can hear cheque-bounce complaints.
- Joint account: Only signatory of cheque to be tried, says SCThe Supreme Court has held that a joint account holder cannot be prosecuted in a cheque bounce case unless the cheque has been signed by ea...
- Supreme Court: Over 40 lakh cheque bounce cases clogging legal systemIn a 2010 judgment, the SC had laid down guidelines for early settlement in cheque dishonour cases under Section 138.
- Cheque signature mismatch may lead to criminal proceedings: SCA person may face criminal proceedings if a cheque issued by him gets dishonoured on the ground that his signature does not match the speci...
- Kingfisher Airlines' cheques worth Rs 10.3 crore bounce, GMR Hyderabad International Airport Ltd moves courtGHIAL, which manages Rajiv Gandhi International Airport here, has filed a petition in a local court against Kingfisher Airlines for dishono...
- Decks cleared for speedy disposal of cases for bounced chequesWith the passage of Negotiatable Instruments (Amendment) Bill 2002, the decks are now cleared for expeditious disposal of cases related to ...
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