Tagged: Negotiable Instruments Act
Supreme Court of India Date of Judgement: 26.08.2013 Whether the complaint filed under Section 138 of the NI Act is within limitation or not…… from the date on which the cause of action arose under clause (c) of the proviso to Section 138 of the NI Act? …. Whether for calculating the period of one month …. under Section 142(b),...
Supreme Court of India Date of Judgement: 26.09.2012 In the result, we overrule the decision in Sadanandan Bhadran’s case (supra) and hold that prosecution based upon second or successive dishonour of the cheque is also permissible so long as the same satisfies the requirements stipulated in the proviso to Section 138 of the Negotiable Instruments Act. The reference is answered...
Supreme Court of India Date of Judgement: 27.04.2012 In this Criminal Appeal the common proposition of law that has emerged for consideration is whether an authorised signatory of a company would be liable for prosecution under Section 138 of the Negotiable Instruments Act without the company being arraigned as an accused. These two appeals were initially heard by a two-Judge Bench and there was difference of...