Cheque Bounce - Landmark Supreme Court Judgement 5 lakhs COST SECTION 138 NI Act

Cheque Bounce - Landmark Supreme Court Judgement 5 lakhs COST | SECTION 138 NEGOTIABLE INSTRUMENT ACT

Is Section 138 a criminal offence?
What are the new rules for cheque bounce?

"Cheque Bounce" is a serious offense which is punishable by imprisonment and fine which is stated in the Negotiable Instrument Act or NI Act.

In this video legal expart Adv Papia (Decode The Law) will discuss about that latest judgement of Hon'ble Supreme Court related to Cheque Bounce under Section 138 Negotiable Instrument Act. What are the new rules for cheque bounce? In this judgement Supreme Court observed the provisions of NI Act and laid down the grounds upon which Cheque Bounce is liable to be imposed cost as it's a serious criminal offence. Section 138 states Dishonour of cheque for insufficiency, etc. Section 138: Latest Supreme Court Judgement on successful cheque bounce case in india.

Judgement link -
https://indiankanoon.org/doc/13753488/

00:00- intro
1:14- facts of the case
4:27- supreme court judgement & Other analysis

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

🟨 Section 138 Negotiable Instrument Act or: NI Act: An offence under Section 138 of the Negotiable Instrument Act.

An offence under Section 138 of the Negotiable Instruments Act, 1881 is committed no sooner a cheque drawn by accused on an account being maintained by him in a bank for discharge of debt/liability is returned unpaid for insufficiency of funds or for the reason that the amount exceeds the arrangement made with the ...

Can we get bail in 138?
What is procedure under 138?
section 138 of negotiable instrument act

Cheque Bounce - Landmark Supreme Court Judgement 5 lakhs COST | SECTION 138 NEGOTIABLE INSTRUMENT ACT

Your queries-
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Section 138 of Negotiable Instrument Act
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धारा 138 परक्राम्य लिखत अधिनियम
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Cheque bounce Section 138
NI Act Cheque Bounce Notice
S.138 NI Act
Section 138 in The Negotiable Instruments Act, 1881
SECTION 138 NEGOTIABLE INSTRUMENT ACT

#chequebounce #supremecourt #decodethelaw #news #latestupdate

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