The Supreme Court has ruled that cheque bounce complaints under Section 138 NI Act must be filed only in the court where the payee’s bank home branch is located, clarifying jurisdiction after the 2015 amendment and preventing forum shopping.
The Supreme Court ruled that candidates who hide past convictions in their nomination forms will be disqualified from elections, stressing the importance of transparency and honesty in maintaining the integrity of India’s democratic process.
The Supreme Court clarifies that under Section 138 of the NI Act, jurisdiction for cheque bounce cases lies with the payee’s bank branch, not the deposit location.
Supreme Court grants interim bail to a man accused in a 1999 Rs 20 lakh cheque bounce case, claiming he was wrongly identified. He says the real issuer was someone else with a similar name.
The Supreme Court of India has issued fresh guidelines to tackle the growing problem of cheque bounce cases, aiming to fast-track the legal process and ensure quicker, smoother, and more effective resolution for all parties involved.
Banks are filing cheque bounce cases in distant courts to pressure borrowers using a legal loophole. This rising trend raises serious questions about fairness and due process.
