SC quashes cheque dishonour complaint filed 5 days late, rules 30-day limit under NI Act is mandatory and delay needs proper condonation process.
Read Full ArticleAbsence of cheque, transfer or receipt doesn’t negate cash deal; promissory note & oral statement can establish enforceable debt: SC
Director can’t be prosecuted for cheque bounce if company is under moratorium under IBC, as management shifts to IRP, limiting repayment capacity: SC
Rajasthan High Court upholds remedy for premature cheque bounce complaints, emphasizing “Ubi Jus Ibi Remedium” and ensuring no complainant is left remediless.
ACRE, backed by Ares Management, issues an unconditional apology to IIFL Finance directors to avoid contempt over breach of undertaking in a legal dispute.
The Punjab and Haryana High Court ruled that bribe payments do not constitute legally enforceable liabilities under the Negotiable Instruments Act, 1881.
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.
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.
SC allows Ramlila at UP school ground, noting 100-year tradition, but urges finding alternate sites to keep playgrounds free for students.
26 September, 2025 12:08 AMDelhi HC lets Sameer Wankhede amend jurisdiction in defamation suit against Netflix & Red Chillies, keeping case alive for further hearing.
26 September, 2025 08:02 PMSC stays Andhra Pradesh HC order on SIT composition in Tirupati prasadam row, clarifying CBI Director’s role in appointing investigation officer.
26 September, 2025 07:53 PMSC upholds JSW Steel’s ₹19,700 Cr resolution plan for Bhushan Power & Steel, rejecting ex-promoters’ plea and reinforcing IBC’s finality.
26 September, 2025 08:11 PM