CHEQUE BOUNCE - LATEST Landmark Supreme Court Judgement | Section 138 NI Act

Is Section 138 a criminal offence?
What are the rules for Section 138?

In this video legal expert Adv Papia (Decode The Law) will discuss about that latest judgement of Hon'ble Supreme Court related to Cheque Bounce under Section 138 Negotiable Instrument Act. THE LAW RELATING TO THE OFFENCE UNDER SECTION 138, NEGOTIABLE INSTRUMENTS ACT. In this judgement Supreme Court observed the provisions of NI Act and laid down some important observation. Section 138. Dishonour of cheque for insufficiency, etc. Section 138: Latest Supreme Court Judgement on successful cheque bounce case in india.

🖇️ Judgement link:
[ Ссылка ]

Judgementno.2- [ Ссылка ]

1:23- background
4:39- facts of the case and decision
7:20- suggestions

🟨 Act and Section in this video:
Negotiable Instrument Act, or NI Act, 1881,Section 138, N.I. Act or THE LAW RELATING TO THE OFFENCE UNDER SECTION 138,
NEGOTIABLE INSTRUMENTS ACT.

CHEQUE BOUNCE - LATEST Supreme Court Judgement | Section 138 NI Act

Section 138, N.I. Act penalizes the dishonour of any cheque which has been issued in the discharge of the whole or part of "any debt or other liability”. And the liability of the guarantor and principal debtor is coextensive.

Your queries-
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#chequebounce #supremecourt #decodethelaw #legalawareness

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