Himachal High Court Dismisses Cheque Bounce Case: No Proof of Proprietorship Ownership Under NI Act
Himachal High Court rules that a cheque bounce complaint fails without documentary proof of proprietorship ownership under Section 138 NI Act.
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Himachal High Court rules that a cheque bounce complaint fails without documentary proof of proprietorship ownership under Section 138 NI Act.
Supreme Court rules that cheque bounce cases under Section 138 NI Act remain valid even for cash loans above ₹20,000, overruling Kerala High Court.
Bombay High Court rules that directors remain personally liable under Section 138 of the NI Act even after company debt resolution under the IBC. Judgment reinforces accountabilit…
The Delhi High Court ruled that cheque bounce cases cannot be filed against dissolved companies, clarifying the legal position on corporate liability post-dissolution.
Supreme Court introduces new guidelines for cheque bounce cases, mandating case synopsis, faster trials, and revised compounding rules for efficiency.