Tagged: Negotiable

SUPREME COURT OF INDIA – WHETHER THE COURT HAS POWER TO CLOSE THE PROCEEDINGS OF A CHEQUE BOUNCE CASE WITHOUT THE CONSENT OF THE COMPLAINANT?

Date of Judgement: 05.10.2017: Yes the Court has the power to close the proceedings of a cheque bounce case without the consent of the Complainant. The question for consideration before the Supreme Court in M/s METERS AND INSTRUMENTS PRIVATE LIMITED & ANR. VERSUS KANCHAN MEHTA was that if the accused is willing to deposit the cheque amount can the proceedings...

SUPREME COURT OF INDIA – THE COMPENSATION IS STILL RECOVERABLE IN A CHEQUE BOUNCE CASE BY THE COMPLAINANT EVEN THOUGH THE ACCUSED HAS SERVED THE DEFAULT SENTENCE

Hon’ble Supreme Court has held that “so long as compensation has been directed to be paid under Section 357(3) CrPC and Section 70 IPC even though a default sentence has been served, yet, compensation would be recoverable in the manner provided under Section 421(1) of the Code of Criminal Procedure.” The question that arose before the Hon’ble Supreme Court of India...