CHEQUE BOUNCE : 2024 Latest Order | Supreme Court judgement on NI Act Section 138

CHEQUE BOUNCE : 2024 Latest Order - Supreme Court judgement on NI Act Section 138

Is section 138 civil or criminal?
What are the new rules for cheque bounce?

In this video legal expert adv. Papia (Decode the law) will discuss about the latest Judgement on section 138 Cheque Bounce Cases or dishonour of cheque. Will discuss according to THE NEGOTIABLE INSTRUMENTS ACT, 1881. And observation of the honorable supreme court. NI Act Cheque Bounce case is a serious concern, Courts Must Encourage Compounding If Parties Are Willing: Supreme Court observed.

🖇️ Judgement link -
https://indiankanoon.org/doc/165688616/

00:00- intro
1:46- facts of the case
2:59- supreme court observation
6:07- summary

The Supreme Court recently reiterated that the purpose of making cheque bounce an offence was to ensure reliability of cheques, and compensatory aspect of remedy under the Negotiable Instruments Act, 1881 has priority over the punitive aspect in such cases.

🟨 SECTION 138 NEGOTIABLE INSTRUMENT ACT -
i) 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 ...

CHEQUE BOUNCE 2024 Latest Order - Supreme Court judgement on NI Act Section 138

🔴 This video includes my own opinion and in my own style of language I have not used pure Supreme Court language

Your queries-
Section 138 punishment
Section 138 IPC
Section 138 in Hindi
Cheque bounce Section 138
Section 138 of Negotiable Instrument Act
Section 138 of Negotiable Instrument Act time limit
How to defend Section 138
Section 138 CrPC
NI Act Cheque Bounce

#chequebounce #cheques #supremecourt #decodethelaw #latestupdate

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