NI Act

Difference between Promissory note and Cheque under the NI Act

(1) introduction:  Personal transaction or business transaction needs payment.  All people like to have a cash payment. But sometimes, cash payment carries risk. To make...

If Death of complainant, can legal heir of deceased continue to proceed in the cheque bounce case U/s.138 of NI Act?

Question: If the death of Complainant in the S.138 NI Act, can legal heir of deceased complainant continue to proceed in the cheque bounce...

Whether demand notice can be faulted if any other sum indicated in addition to the said amount u/s.138 (b) of NI Act?

Question: Whether demand notice can be faulted if any other sum indicated in addition to the said amount u/s.138 (b) of NI Act? The answer...

What is a gift cheque? if the cheque is given as a gift can it attract to cheque bounce case?

(1) What is a gift cheque? The gift cheque is another banking instrument presented for gifting money to the...

Can dishonour of bearer cheque attract to cheque bounce case?

There are many types of cheque available related to the banking transaction and the bearer cheque is also among them. The account...

What are the effects of material alteration in cheque?

Meaning of material alteration in cheque? Material alteration means to make alter or change some material parts of the...

What is the effect if Drawer’s Signature differs can it attract to cheque bounce case?

The simple answer to this question is yes if Drawer's Signature differs can attract to cheque bounce case but before we get...

If Drawer’s Signature differs can it attract criminal proceedings u/s.138 of IN act?

The answer to the above questions is yes. If drawer's signature differs or mismatch with the specimen which is available on the...

Latest articles

The Concept of Burden of Proof under the Evidence act

Introduction  A statement that is given by a person based on fact needs to be proven as per the Indian Evidence Act,1872. The burden of...

Can a defendant cross-examine another defendant in a suit?

This question comes to our mind can a defendant cross-examine another defendant in a suit? During the civil suit trial, there are many legal...

What happens if complainant died in the NI Act case?

Question - what happens when a complainant dies in the case of the negotiable Instrument Act? - The answer to the question is yes....

How to draft a Cheque Bounce Notice under Section 138 of NI Act?”

Introduction Why do most people make their money transactions through the cheque method? Of course, it is a straightforward and secure method for all types...

What is the Pros and Cons of a Partnership?

Introduction  When we look up the pros and cons of a partnership, we should also know that it is an easy way to form new...