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Supreme Court Rules Damodar Prabhu Guidelines on Cheque Bounce Compounding Costs Not Binding
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Supreme Court Rules Damodar Prabhu Guidelines on Cheque Bounce Compounding Costs Not Binding

The Supreme Court rules that Damodar S. Prabhu (2010) guidelines on compounding costs in Section 138 NI Act cases are directory, not mandatory. The judgment emphasizes flexibility…

Supreme Court judgment cheque bounce case NI Act 138 compounding cost Damodar Prabhu guidelines legal news India Bombay High Court litigation reforms settlement law India 2025 court rulings
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