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Section 138 of the Negotiable Instruments Act, 1881: A Comprehensive Legal Commentary

By: Ashish Kumar Singh Introduction In modern financial and commercial transactions, cheques are a vital instrument for secure and formalized payments, particularly in high-value commercial transactions. However, increasing misuse of cheques has led to a substantial number of cheque dishonour cases in India. To curb this trend and to instil greater trust...

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Best Advocate in Supreme Court

Section 138 of the Negotiable Instruments Act, 1881: A Complainant’s Legal Arsenal Against Cheque Dishonour.

By: Samadrita Debbarma

Abstract

The Indian financial system rests on the credibility of negotiable instruments, especially cheques. Section 138 of the Negotiable Instruments Act, 1881 ("NI Act"), introduced by the 1988 amendment, serves as a penal provision to reinforce this trust. Despite being quasi-criminal in nature, its ultimate objective is compensatory...

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Trademark? Everything You Need to Know

– TUSHAR TIWARI (BA-LLB 3RD YEAR), LAW STUDENT, FIMT, GGSIPU; NEW DELH The term trademark refers to a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all other products of its kind. A trademark exclusively identifies a product as belonging to a specific...

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Article On Sedition Law

The section was further amended by the Indian Penal Code Amendment Act (IV of 1898). As a result of the amendment, the single explanation to the section was replaced by three separate explanations as they stand now. The section, as it now stands in its present form, is the result...

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Article On Sec 44 Of TP Act

The Purchaser/Transferee of a share of a dwelling-house, belonging to an undivided family, is not a member of the family, shall not be entitle to joint possession or other common or part enjoyment of the house." A co-share or a subsequent purchaser/transferee of a property belong to undivided family always faces...

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Legal Updates

मुठभेड़ या इन काउंटर या Extra Judicial Killing भारत में कोई नया शब्द नहीं हां हर एक घटना के बाद यह शब्द जनमानस के बीच और गूगल पर हॉट हो जाता है!आज विकास दुबे और उसके गुर्गों के एनकाउंटर के बाद यह शब्द फिर चर्चा में!समाज के प्रबुद्ध वर्ग जनता...

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