Search Results for "Section 138 NI Act"

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Bombay High Court Quashes Process in NI Act Complaint Due to Bar Under SICA Section 22A. Proceedings under Section 138 of Negotiable Instruments Act, 1881 cannot continue against a sick company without BIFR consent.

The petitioners, a company and its directors, challenged the order dated 20.04.2018 passed by the 25th Joint Civil Judge (Junior Division) and Judicia...

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Bombay High Court Dismisses Petition Challenging Rejection of Condonation of Delay in Criminal Revision Application. Petitioner Failed to Show Sufficient Cause for 18-Month Delay in Filing Revision Against Issuance of Process Under Section 138 of Negotiable Instruments Act, 1881.

The petitioner, Sunil Bhai Sheth, was the original accused No. 2 in a criminal complaint filed by M/s. Agricore Commodities Pvt. Ltd. under Section 13...

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Bombay High Court Allows Appeal in Cheque Dishonour Case, Reverses Acquittal. Complainant Established Ingredients Under Section 138 of Negotiable Instruments Act, 1881; Accused Failed to Discharge Reverse Burden Under Section 139.

The appellant, Suresh Nakra, filed a complaint under Section 138 of the Negotiable Instruments Act, 1881 (NI Act) against the respondent, Murugesan Ad...

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Bombay High Court Quashes Criminal Proceedings Against Partnership Firm in Cheque Dishonour Case Due to Lack of Vicarious Liability. Employee's Misappropriation of Cheque Without Firm's Knowledge Does Not Attract Section 138 of Negotiable Instruments Act, 1881.

The petitioner, Guma Tech Marine Services, a registered partnership firm, filed a criminal writ petition under Article 226 of the Constitution of Indi...

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Bombay High Court Allows Quashing of Conviction in Cheque Bounce Case Due to Amicable Settlement. Court sets aside Sessions Court order and Magistrate's conviction under Section 138 of Negotiable Instruments Act, 1881 after complainant accepts full settlement amount.

The applicant, C. Venkatachalapathy, was convicted by the Metropolitan Magistrate, 44th Court, Andheri, Mumbai in C.C.No.4400371/SS/2012 for an offenc...

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High Court of Karnataka Quashes Criminal Proceedings Against Directors in Cheque Dishonour Case Due to Lack of Specific Averments of Vicarious Liability. Directors Cannot Be Prosecuted Under Section 138 of Negotiable Instruments Act, 1881 Without Allegations of Active Role in Business Conduct.

The judgment pertains to two criminal petitions filed under Section 482 of the Code of Criminal Procedure, 1973, by Mr. H.S. Bedi (Managing Director) ...