The Supreme Court recently took cognizance of delays in disposal of cheque bouncing matters under section 138 of the Negotiable Instruments Act, 1881 (“the NI Act”). A writ petition has been registered and notice has been issued to the Union of India, Registrars General of all High Courts, Directors General of Police of all States and Union Territories, and the Member Secretary of the National Legal Services Authority. The Reserve Bank of India and the Indian Bank Association, Mumbai have also been impleaded as the representatives of banking institutions.
Writ- Cheque bounce cases- April 09 2020
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