Negotiable Instruments Act, 1881 with Section 141

Supreme Court clarifies liability of non-executive directors under Section 138 NI Act in cheque dishonor cases: K.S. Mehta vs. M/S Morgan Securities (2025) INSC 315 (March 4, 2025)

/ B. V. Nagarathna, Code of Criminal Procedure, 1973, Code of Criminal Procedure, 1973 with Section 482, Judges, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Satish Chandra Sharma

Date of the Judgment: March 4, 2025 Citation: 2025 INSC 315 Judges: B. V. Nagarathna, J., Satish Chandra Sharma, J. Can a non-executive director of a company be held liable for cheque dishonor under Section 138 of the Negotiable Instruments Act, 1881? The Supreme Court addressed this critical question in the case of K.S. Mehta […]

Supreme Court clarifies liability of non-executive directors under Section 138 NI Act in cheque dishonor cases: K.S. Mehta vs. M/S Morgan Securities (2025) INSC 315 (March 4, 2025) Read Post »

Supreme Court Quashes Cheque Bounce Case Against Director: Susela Padmavathy Amma vs. Bharti Airtel (2024)

/ Cheque Dishonour, Criminal Law, Criminal Procedure Code, 1973, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Quashing of Criminal Proceedings

Supreme Court Quashes Cheque Bounce Case Against Director: Susela Padmavathy Amma vs. Bharti Airtel (2024) Date of the Judgment: March 15, 2024 Citation: 2024 INSC 206 Judges: B.R. Gavai, J. and Sandeep Mehta, J. Can a company director be held liable in a cheque bounce case simply by virtue of their position? The Supreme Court

Supreme Court Quashes Cheque Bounce Case Against Director: Susela Padmavathy Amma vs. Bharti Airtel (2024) Read Post »

Supreme Court clarifies vicarious liability under Section 141 of NI Act in cheque bounce case: Siby Thomas vs. Somany Ceramics Ltd. (2023)

/ Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Vicarious Liability

Supreme Court clarifies vicarious liability under Section 141 of NI Act in cheque bounce case: Siby Thomas vs. Somany Ceramics Ltd. (2023) LEGAL ISSUE: Vicarious liability of partners in a partnership firm under Section 141 of the Negotiable Instruments Act, 1881, in cases of cheque dishonor. CASE TYPE: Criminal (Cheque Dishonor) Case Name: Siby Thomas

Supreme Court clarifies vicarious liability under Section 141 of NI Act in cheque bounce case: Siby Thomas vs. Somany Ceramics Ltd. (2023) Read Post »

Supreme Court settles liability of Directors under Section 138 NI Act post IBC Resolution: Ajay Kumar Goenka vs. Tourism Finance Corporation of India Ltd. (2023)

/ Abhay S. Oka, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 14, Insolvency and Bankruptcy Code, 2016 with Section 31, Insolvency and Bankruptcy Code, 2016 with Section 32A, J.B. Pardiwala, Judges, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Negotiable Instruments Act, 1881 with Section 142, Sanjay Kishan Kaul

Supreme Court Clarifies Liability Under Section 138 NI Act Post IBC Resolution Date of the Judgment: March 15, 2023 Citation: (2023) INSC 218 Judges: Sanjay Kishan Kaul, J. and Abhay S. Oka, J. (Majority Opinion by Sanjay Kishan Kaul, J., Concurring Opinion by J.B. Pardiwala, J.) Can a director of a company be held liable

Supreme Court settles liability of Directors under Section 138 NI Act post IBC Resolution: Ajay Kumar Goenka vs. Tourism Finance Corporation of India Ltd. (2023) Read Post »

Liability of Directors under Section 138 NI Act: Supreme Court Judgment on IBC Resolution Plans (March 15, 2023)

/ Abhay S. Oka, Corporate Insolvency Resolution Process, Dishonor of Cheque, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 14, Insolvency and Bankruptcy Code, 2016 with Section 32A, J.B. Pardiwala, Judges, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Sanjay Kishan Kaul

Supreme Court Clarifies Liability of Directors in Cheque Dishonor Cases Post IBC Resolution Date of the Judgment: March 15, 2023 Citation: 2023 INSC 232 Judges: Sanjay Kishan Kaul, J. and Abhay S. Oka, J. (authored by Sanjay Kishan Kaul, J.) and J.B. Pardiwala, J. (Concurring Opinion) Can a director of a company be held liable

Liability of Directors under Section 138 NI Act: Supreme Court Judgment on IBC Resolution Plans (March 15, 2023) Read Post »

Supreme Court clarifies liability of company directors in cheque dishonor cases: Pawan Kumar Goel vs. State of U.P. (2022) INSC 1005 (17 November 2022)

/ Bela M. Trivedi, Cheque Dishonor, Judges, Krishna Murari, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141

Supreme Court Clarifies Liability of Company Directors in Cheque Dishonor Cases Date of the Judgment: 17 November 2022 Citation: (2022) INSC 1005 Judges: Krishna Murari, J. and Bela M. Trivedi, J. Can a company director be held liable for a cheque bounce if the company isn’t named in the complaint? The Supreme Court of India

Supreme Court clarifies liability of company directors in cheque dishonor cases: Pawan Kumar Goel vs. State of U.P. (2022) INSC 1005 (17 November 2022) Read Post »

Supreme Court quashes conviction of partner under Section 138 NI Act for firm’s cheque bounce: Dilip Hariramani vs. Bank of Baroda (2022)

/ Ajay Rastogi, Criminal Law, Judges, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Offences by Companies, Sanjiv Khanna, Vicarious Liability

Supreme Court quashes conviction of partner under Section 138 NI Act for firm’s cheque bounce: Dilip Hariramani vs. Bank of Baroda (2022) Date of the Judgment: May 9, 2022 Citation: 2022 INSC 418 Judges: Ajay Rastogi, J. and Sanjiv Khanna, J. Can a partner of a firm be held criminally liable for a cheque bounce

Supreme Court quashes conviction of partner under Section 138 NI Act for firm’s cheque bounce: Dilip Hariramani vs. Bank of Baroda (2022) Read Post »

Supreme Court clarifies the effect of moratorium on Section 138 Negotiable Instruments Act cases: Narinder Garg & Others vs. Kotak Mahindra Bank Ltd. & Others (28 March 2022)

/ Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 14, Judges, Moratorium, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Pamidighantam Sri Narasimha, S. Ravindra Bhat, Uday Umesh Lalit

Supreme Court Clarifies Moratorium’s Impact on Section 138 NI Act Cases: Narinder Garg vs. Kotak Mahindra Bank (2022) Date of the Judgment: 28 March 2022 Citation: [Not Available in Source] Judges: Uday Umesh Lalit, S. Ravindra Bhat, Pamidighantam Sri Narasimha, JJ. Can a corporate debtor facing insolvency proceedings be prosecuted under Section 138 of the

Supreme Court clarifies the effect of moratorium on Section 138 Negotiable Instruments Act cases: Narinder Garg & Others vs. Kotak Mahindra Bank Ltd. & Others (28 March 2022) Read Post »

Supreme Court Clarifies Security Cheque Liability Under Section 138 NI Act: Sunil Todi vs. State of Gujarat (2021)

/ A. S. Bopanna, Code of Criminal Procedure, 1973, Code of Criminal Procedure, 1973 with Section 202, Dhananjaya Y Chandrachud, Judges, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141, Procedure for Summons

Supreme Court Clarifies Security Cheque Liability Under Section 138 NI Act: Sunil Todi vs. State of Gujarat (2021) LEGAL ISSUE: Whether a cheque issued as security is covered under Section 138 of the Negotiable Instruments Act, 1881. CASE TYPE: Criminal Law, Negotiable Instruments Act Case Name: Sunil Todi & Ors. vs. State of Gujarat &

Supreme Court Clarifies Security Cheque Liability Under Section 138 NI Act: Sunil Todi vs. State of Gujarat (2021) Read Post »

Supreme Court clarifies liability of Directors in cheque bounce cases: Ashutosh Ashok Parasrampuriya & Anr. vs. M/S. Gharrkul Industries Pvt. Ltd. & Ors. (2021) INSC 659 (08 October 2021)

/ Abhay S. Oka, Ajay Rastogi, Code of Criminal Procedure, 1973, Code of Criminal Procedure, 1973 with Section 482, Cognizance of Offences, Judges, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141

Supreme Court Clarifies Director Liability in Cheque Dishonor Cases Date of the Judgment: 08 October 2021 Citation: (2021) INSC 659 Judges: Justices Ajay Rastogi and Abhay S. Oka Can a company director be held liable in a cheque bounce case if they weren’t directly involved in the day-to-day business? The Supreme Court addressed this crucial

Supreme Court clarifies liability of Directors in cheque bounce cases: Ashutosh Ashok Parasrampuriya & Anr. vs. M/S. Gharrkul Industries Pvt. Ltd. & Ors. (2021) INSC 659 (08 October 2021) Read Post »

Supreme Court clarifies liability under Section 138 of the Negotiable Instruments Act for individuals in cheque bounce cases (8 March 2021)

/ Cheque Dishonour, Criminal Law, Dhananjaya Y. Chandrachud, Judges, M. R. Shah, Negotiable Instruments Act, 1881, Negotiable Instruments Act, 1881 with Section 138, Negotiable Instruments Act, 1881 with Section 141

Supreme Court Clarifies Liability Under Section 138 of Negotiable Instruments Act for Individuals Date of the Judgment: 8 March 2021 Citation: 2021 INSC 145 Judges: Dr. Dhananjaya Y. Chandrachud, J. and M. R. Shah, J. Can a person be held liable under Section 138 of the Negotiable Instruments Act, 1881 if a cheque issued by

Supreme Court clarifies liability under Section 138 of the Negotiable Instruments Act for individuals in cheque bounce cases (8 March 2021) Read Post »

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