Section 138 of the Negotiable Instruments Act: What the Supreme Court’s New Procedural Guidelines Mean for Cheque-Bounce Cases
Introduction A cheque is supposed to offer something close to certainty in a commercial transaction. When a cheque is issued, the recipient ordinarily expects that it will be honoured when presented. A dishonoured cheque, therefore, is not merely a failed payment; it can have wider consequences for the credibility and discipline of commercial dealings. This […]
