Search Results for "payee's bank account"

361 result(s) found

Scroll Down To Discover

Found 361 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Appeal in Negotiable Instruments Act Case — Statutory Notice Not Issued in Time. Trial Court's Acquittal Upheld as Complainant Failed to Prove Service of Notice Within 15 Days of Dishonour Under Section 138 of the Negotiable Instruments Act, 1881.

The appellant-complainant filed a criminal appeal against the acquittal of the respondent-accused for the offence under Section 138 of the Negotiable ...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Section 138 NI Act Proceedings Against Directors for Lack of Specific Averments. Vicarious Liability Under Section 141 Requires Specific Allegations of Role in Conduct of Business.

The petitioners, comprising a company and its directors, filed a writ petition under Article 226 of the Constitution read with Section 482 of the Code...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Conviction of Bank Manager in Embezzlement Case — Circumstantial Evidence Sufficient to Prove Criminal Conspiracy and Misappropriation of Funds

The appellant, N. Raghavender, was the Branch Manager of Sri Rama Grameena Bank, Nizamabad Branch from May 1990 to September 1995. He was convicted by...

© Image Copyrights Juris Services & Technology

FIRST APPEAL NO.514 OF 2014

The appeal arose from a suit dismissed by the trial court for mandatory injunction seeking execution of an agreement for sale of a flat under the Maha...

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds Condition of Deposit of 25% Compensation for Suspension of Sentence in Cheque Bounce Cases. Section 148 of Negotiable Instruments Act, 1881 is procedural and applies to pending appeals; condition does not violate Article 21.

The petitioner, Ajay Vinodchandra Shah, was convicted in three separate cases under Section 138 of the Negotiable Instruments Act, 1881 for cheque bou...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Appeal in Dishonour of Cheque Case, Reinstates Proceedings Quashed by High Court. Parallel Prosecutions Under Section 138 of the Negotiable Instruments Act, 1881 and Other Offences Are Permissible, and Settlement Agreement Does Not Extinguish Liability Unless Full Payment Is Made.

The dispute arose from dishonoured cheques issued by Aanchal Cement Limited (ACL) to Gimpex Private Limited. Gimpex had paid customs duty and wharfage...