Supreme Court holds that a cheque-bounce demand notice sent to the drawer’s correct address and delivered to his mother constitutes valid service, declaring the contrary Kerala HC ruling in M.D. Thomas per incuriam.
Read Full ArticleThe Punjab and Haryana High Court held that a cheque bounce complaint under Section 138 of the NI Act cannot be quashed merely because the accused's husband's company undertook to discharge the liability under a settlement agreement. The Court ruled that disputed questions regarding legally enforceable debt must be decided at trial.
The Punjab and Haryana High Court ruled that bribe payments do not constitute legally enforceable liabilities under the Negotiable Instruments Act, 1881.
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