Cheque Bounce
![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)
Allahabad 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.
Read Full Article![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)
Judiciary
Demand Notice via courier valid in cheque bounce cases: Allahabad High Court [Read Order]
Allahabad HC rules demand notices via courier valid for cheque bounce cases under Section 138 NI Act, but service presumption needs registered post amendment.
![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)
Judiciary
Can't make it mandatory for accused in cheque dishonour case to pay interim compensation: SC [Read Judgment]
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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