Negotiable Instruments Act blog
Plain-language explanations of Supreme Court of India judgments tagged Negotiable Instruments Act on NyaSis.
Business & Tax
Can a Non-Executive Director Face Cheque Bounce?
Can a non-executive director be named in a Section 138 case? S.M.S. Pharmaceuticals Ltd. v. Neeta Bhalla (2005) holds that mere office is not enough.
10 min read
Business & Tax
Which Court Hears a Cheque Bounce Case?
Should a Section 138 cheque bounce complaint be filed at your bank or the drawer's? Bridgestone India v. Inderpal Singh (2015) fixes the court city.
11 min read
Business & Tax
Can a Cheque Bounce Case Close Without Consent?
Accused ready to pay but complainant refuses? Meters and Instruments v. Kanchan Mehta (2017) lets a court close a Section 138 case after full payment.
11 min read
Criminal Law
Is a Bounced Blank Signed Cheque Still a Crime?
Signed a blank cheque and it bounced? Bir Singh v. Mukesh Kumar (2019): the Court held Section 139 presumes a debt, and the drawer must disprove it.
11 min read
Business & Tax
Is a Bounced Security Cheque Punishable?
A security cheque for a business loan bounces. Can the drawer be prosecuted under Section 138? Supreme Court rules in Sripati Singh v. State of Jharkhand.
10 min read