S 138 NI Act

Raj Reddy Kallem vs State Of Haryana 2024 INSC 347 – S 138 NI Act- Compounding Of Cheque Cases – Complainant’s Consent

Negotiable Instruments Act, 1881; Section 138- Even though the complainant has been duly compensated by the accused yet the complainant does not agree for the compounding of the offence, the courts cannot compel the complainant to give ‘consent’ for compounding of the matter. It is also true that mere repayment of the amount cannot mean …

Raj Reddy Kallem vs State Of Haryana 2024 INSC 347 – S 138 NI Act- Compounding Of Cheque Cases – Complainant’s Consent Read More »

Rajesh Viren Shah vs Redington (India) Limited 2024 INSC 111 – Ss 138,141 NI Act – Resignation Of Directors

Negotiable Instruments Act, 1881; Section 138, 141 – Whether a Director who has resigned from such position and which fact stands recorded in the books as per the relevant rules and statutory provisions, can be held liable for certain negotiable instruments, failing realization ? In this case, resignations have taken place on 9 th December …

Rajesh Viren Shah vs Redington (India) Limited 2024 INSC 111 – Ss 138,141 NI Act – Resignation Of Directors Read More »

Atamjit Singh vs State (NCT Of Delhi) 2024 INSC 84 – S 138 NI Act – S 482 CrPC – Cheque Bounce Complaint – Quashing

Code of Criminal Procedure, 1973; Section 582 – Negotiable Instruments Act, 1881 ; Section 138 – Classification of the underlying debt or liability as being barred by limitation is a question that must be decided based on the evidence adduced by the parties -The question regarding the time barred nature of an underlying debt or …

Atamjit Singh vs State (NCT Of Delhi) 2024 INSC 84 – S 138 NI Act – S 482 CrPC – Cheque Bounce Complaint – Quashing Read More »

Satish P Bhatt vs State of Maharashtra 2024 INSC 16 – S 138 NI Act – Violationg Of Undertaking

Bombay HC cancelled the order of suspension of sentence and bail granted to the appellant – accused – also the intervenor (petitioner before the High Court) as they violated the undertaking given before the High Court and further violated the condition contained in the order granting extension of time to comply- Supreme Court dismissed appeal …

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