Cheque Bounce - NEW Guidelines Landmark Supreme Court Judgement | 138 NI Act guidelines

Cheque Bounce - NEW Guidelines Landmark Supreme Court Judgement | 138 NI Act guidelines

Is section 138 civil or criminal?
Is section 138 a bailable offence?

In this video legal expart adv. Papia (Decode the law) will discuss about the latest judgement of Hon'ble Supreme Court of India related to Section 138, N.I. Act,. Cheque dishonour case Section 138 in The Negotiable Instruments Act, 1881. In this latest supreme court judgement the court made an important observation regarding data of cheque. section 138 of negotiable instrument act time limit. A cheque bounce notice lays the foundation of a Court case under Section 138 of the Negotiable Instruments Act, 1881. Section 138: Latest Supreme Court Judgement on cheque bounce case in india.

🖇️ Judgement Link:
https://www.livelaw.in/pdf_upload/847...

Chapters-
1:04- intro
5:47- facts of the case and supreme court judgement
6:00- outro

🟨 Act and Section in this video: Negotiable Instrument Act, or NI Act, 1881

🟨 Section 138 Negotiable Instrument Act or: NI Act: Section 138, N.I. Act penalizes the dishonour of any cheque which has been issued in the discharge of the whole or part of "any debt or other liability”. And the liability of the guarantor and principal debtor is coextensive. Hence, the guarantor cannot escape liability under section 138, N.I.

Cheque Bounce - NEW Guidelines Landmark Supreme Court Judgement

NI Act Cheque Bounce Notice. Section 138 of Negotiable Instruments Act, 1881 ['NI Act'] provides for criminal provision regarding a cheque bounced due to insufficiency of ...

#chequebounce #cheques #supremecourt #decodethelaw #legalawareness

Your queries-
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DISHONOUR OF CHEQUES UNDER SECTION 138 of the NI...
Section 138. Dishonour of cheque for insufficiency, etc., of...
S.138 NI Act | Courts Can't Compel Complainant To Give ....
THE NEGOTIABLE INSTRUMENTS ACT, 1881


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