High Court of Karnataka Allows Petition in NI Act Case — Jurisdiction Determined by Place of Cheque Presentation. The court quashed the Magistrate's order returning the complaint for lack of jurisdiction, holding that the place where the cheque is presented for encashment confers jurisdiction on the court within whose local limits the payee's branch is located.
9 Sep 2016The petitioner, M/s. Gnanee Business Corporation, a partnership firm based in Shimoga with a branch office in Bangalore, filed a complaint under Secti...
