In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
The company filed a cheque bounce complaint against Varma's firm in 2018. Varma was acquitted earlier this month in view of the "compromise memo", as per the court order. A compromise memo is a ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
Expressing concern over the pendency of “staggeringly high” number of cheque dishonour cases in district courts of major cities, the Supreme Court has issued fresh guidelines to reduce the backlog ...
New Delhi: More than five lakh cases have been referred for mediation by courts across India, including state high courts, in the first month of the ongoing “Mediation for the Nation” campaign, ...
The law related to cheque bounce has undergone a change in recent times in the UAE. The law on cheque bounce in the UAE is codified in the Federal Law No 18 of 1993 concerning commercial transactions ...
The 43rd Court of the Metropolitan Magistrate at Borivali has convicted Treasa Abraham Samuel in a 28-year-old cheque bounce ...
The sessions court recently acquitted filmmaker Ram Gopal Verma, who was held guilty for the offence of cheque bouncing. He has been acquitted after Verma and the complainant settled their dispute ...
NEW DELHI: The Delhi High Court has held that a director who is an admitted signatory to a cheque that got dishonoured cannot evade prosecution claiming resignation, especially when the genuineness ...
SHARJAH, UAE, Aug 28 (Reuters) - A United Arab Emirates court sentenced the founder of private equity firm Abraaj, Arif Naqvi, and another executive to three years in prison for issuing a cheque ...
Thane, Dec 05: A Thane court has convicted a Mumbai businessman for issuing two cheques that bounced, directing him to pay Rs 60 lakh in compensation and sentencing him to one year of simple ...
MUMBAI: A Mumbai court has acquitted filmmaker Ram Gopal Varma in a 2018 cheque bounce case, after the matter was settled between him and the complainant company through a Lok Adalat. The company ...