Supreme Court allows compounding of offence in cheque dishonour case, emphasizing the priority of compensatory aspects over punitive in settlements.
Read Full ArticleAllahabad High Court rules that dishonoured cheques from merged banks presented after the validity period won't attract liability under Section 138 of the NI Act.
Allahabad HC rules demand notices via courier valid for cheque bounce cases under Section 138 NI Act, but service presumption needs registered post amendment.
The Supreme Court ruled that mandating interim compensation in cheque dishonour cases under Section 143A of the Negotiable Instruments Act is discretionary.
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![SUPREME COURT ALLOWS COMPOUNDING OF OFFENCE IN CHEQUE DISHONOUR CASE [Read Judgement]](/secure/uploads/2024/07/lj_4179_SC_allows_Compounding_of_Cheque_Dishonour_Offence_(1).webp)
![No liability under NI Act for dishonoured cheques of merged banks presented after validity period [Read Order]](/secure/uploads/2024/06/lj_5281_b5065ce9-83b4-4ec3-91b9-23e39a4cc06e.webp)
![Demand Notice via courier valid in cheque bounce cases: Allahabad High Court [Read Order]](/secure/uploads/2024/05/lj_1520_7e3a38a2-bb14-4409-b3a2-3eb8c354c0ae.webp)
![Can't make it mandatory for accused in cheque dishonour case to pay interim compensation: SC [Read Judgment]](/secure/uploads/2024/03/lj_9384_a76ce58a-8cc2-4e63-9d34-85040558a0f8.webp)
