Bombay High Court Quashes Delay Condonation Order in NI Act Case — Condonation of 4 Years 7 Months Delay Without Sufficient Cause Held Improper. The court held that the respondent failed to explain the delay of 4 years and 7 months in filing revision against process order under Section 138 of Negotiable Instruments Act, 1881.
5 Aug 2010The petitioner, Chatrapati Coop. Sugar Factory Ltd., filed a complaint under Section 138 of the Negotiable Instruments Act, 1881 against the responden...
