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. As per the legal preposition, on the Death of the complainant in a summons…
Read more »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 the Complainant is in the S.138 NI Act, can the legal heir of the deceased complainant continue to proceed in the cheque bounce case U/s.138 of the NI Act? The answer to the…
Read more »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: Will demand notice be faulted if any other sum is indicated in addition to the said amount u/s.138 (b) of N.I. Act? The answer is no. According to the provision of The Negotiable Instrument Act,1881, Section 138…
Read more »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 used to gift money to loved ones, alternatively to hard cash. People use various types of cheques not only to make business or financial transactions…
Read more »Can dishonour of bearer cheque attract to cheque bounce case?
There are many types of cheques available related to banking transactions, and the bearer cheque is also among them. Account holders can use this cheque facility to make their money transactions easy and safe. Here, we will discuss…
Read more »What are the effects of material alteration in cheque?
What is the Meaning of material alteration in a cheque? Material alteration means altering or changing some material parts of the instrument and trying to make it a valid creation with the purpose of the nature of that…
Read more »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 the perfect answer, we have to know about which parameter and circumstances have become to know…
Read more »If Drawer’s Signature differs can it attract criminal proceedings u/s.138 of IN act?
The answer to the above questions is yes. Suppose the drawer’s signature differs or mismatches with the specimen that is available on the bank record, and, for this reason, said cheque is not encashed but dishonored because the…
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