Tag Archives: payee

The Negotiable Instruments (Amendment) Bill, 2015 notified: Govt.

The Negotiable Instruments (Amendment) Bill, 2015 was passed by the Parliament in the recently concluded Winter Session of the Parliament. The Negotiable Instruments (Amendment) Act, 2015 received the assent of the President on the 26th December, 2015 and has been … Continue reading

Posted in Banking Law, Company Law, Consumer Law, Criminal Law, crpc, Evidence Law, General Law, International Law, Negotiable Instruments Act | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Amendment in Negotiable Instrument Act: Govt

The President of India has promulgated the Negotiable Instruments (Amendment) Ordinance, 2015 (No.6 of 2015) on 15th June, 2015. The Ordinance provides for determination of territorial jurisdiction of courts for trying cases relating to offence of dishonour of cheques under … Continue reading

Posted in Criminal Law, Evidence Law, General Law, Negotiable Instruments Act, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

NI complaint to be filed after 15 days from date of receipt of notice: SC

In an important decision, the Supreme Court of India clarified that no complaint can be filed against the drawer of a cheque unless the period of 15 days has elapsed from the date of receipt of the notice of payment … Continue reading

Posted in Banking Law, Company Law, Criminal Law, Negotiable Instruments Act | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment