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DISHONOUR OF CHEQUES
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...- Hidden risks in mortgaged properties: Essential due diligence steps for safe buyingA Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that ...
- 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...
- 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 ...
- 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....
- Finance Ministry considers measures like auto debiting other a/cs of issuer to curtail cheque bounce casesThe finance ministry is considering multiple ways such as dipping into other accounts of a cheque issuer and prohibition of opening of new ...
- 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...
- 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...
- 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...
- 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...
- Punishment for cheque bouncing to be enhancedThe Union Cabinet on Friday decided to enhance punishment for dishonour of cheques and ensure timebound disposal of cases by introducing a ...
- Govt clarifies position on bounced chequesNEW DELHI: The government on Wednesday asserted that the dishonouring of cheques for insufficiency of funds in the account continued to be ...
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