S 143A NI Act

Sections 143A and 148 NI Act – Retrospective Or Not? Mandatory Or Directory?

March 16, 2024 / By

Section 143A – Not Retrospective – Directory Section 143A to be prospective in operation and that the provisions of said Section 143A can be applied or invoked only in cases where the offence under Section 138 of the Act was committed after the introduction of said Section 143A in the statute book.  [G. J. Raja vs Tejraj …

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Rakesh Ranjan Shrivastava vs State Of Jharkhand 2024 INSC 205 :: [2024] 3 S.C.R. 438 – S 143A NI Act – Interim Compensation

April 4, 2024 / By

Negotiable Instruments Act, 1881; Section 143A – Grant of interim compensation – Considering the drastic consequences of exercising the power under Section 143A and that also before the finding of the guilt is recorded in the trial, the word “may” used in the provision cannot be construed as “shall”. The provision will have to be …

Rakesh Ranjan Shrivastava vs State Of Jharkhand 2024 INSC 205 :: [2024] 3 S.C.R. 438 – S 143A NI Act – Interim Compensation Read More »